Results 11,101-11,120 of 32,978 for speaker:Catherine Connolly
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: The Comptroller and Auditor General's report says one thing and the witnesses are saying another. In the simplest English, I ask Mr. McDonagh to clarify why NAMA is adopting that metric as opposed to the standard metric.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I asked Mr. McDonagh to explain why it has done so.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I did not say anything about the Comptroller and Auditor General saying whether NAMA was wrong or right. He highlighted the different metrics.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: NAMA is using one and the standard metric is different. Using NAMA's metric, there is a better outcome. Is that right? It looks better on paper using NAMA's metric.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Yes. I have two final things. One relates to property management. The Comptroller and Auditor General highlights a register that was not updated while property was being sold. Six apartments had already been sold and the purchaser pointed that out to NAMA. What is the status of the property register now?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Did Mr. McDonagh hear my question?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Just give me the status of the update now. Are mistakes still being made?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Has NAMA made changes then?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: What changes were made to ensure the property management register is now correct?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: My final question is on the Nantes project that has been mentioned. I presume my pronunciation is correct. It is slightly easier in Irish than French. What is the reluctance to comment on this? It is a loan sale project, I presume, which went ahead in 2012. NAMA has had ample time to reflect on it. It is 2018. Was it sold for much less than its par value?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: No, just stay with me. It was. What was the difference between the par value and what it was sold for?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: In the overall scheme of things, we are looking here at accountability, governance and engendering trust. Here is a project. What was the difference between what it was sold for and what it was acquired for, even in percentage terms if Mr. McDonagh does not want to give me the precise figures?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: As long as the Chairman gives Mr. McDonagh time to explain.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: My time is nearly finished and I want my questions answered. On the context, the Chairman can give Mr. McDonagh ample time. I do not want to take him short. However, it engenders confidence if we get responses when we ask questions. One thinks of Project Eagle and all the other questions we have asked. I am asking questions about this project in Nantes. What was it sold for and what was...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: That is the context. What is the answer to my question in relation to this project, six years later? What was the difference, please? Mr. McDonagh has given the context.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I will come back to it. My time is gone.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: We are listening with great interest.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I return to this at my peril because it is certainly not my area. Page 11 of the report of the Comptroller and Auditor General refers to the rate of return. A fundamental difference is being highlighted, namely, that NAMA's measure, the entity return on investment, EROI, does not take in the time value of the money. What the Comptroller and Auditor General is saying is that the "Internal...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Could Mr. McDonagh explain the contradiction?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: What are the implications of not taking that into account?