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Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Is that a question or a statement?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Please speak through the chair. It is not a one-to-one conversation.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: The Deputy made statements about his failure. It was not a question.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Fine. The Deputy has put the question. Now the Minister can respond.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: That is a question we will put to NAMA, not the Minister.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: After the event.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: I will stop the Deputy because he is accusing the Minister of all types of thing for which he has no evidence.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: The Deputy cannot blame the Minister for that.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: The Minister has no responsibility. If we have learned something today, it is that he had no involvement in the commercial sale of any loan book; therefore, he is not involved.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: NAMA has reported it to the Garda and the SIPO.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Does the Deputy think the Garda should be allowed to investigate the complaint NAMA made?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: We will say nothing that will interfere with the Garda investigation, possible legal proceedings that may occur or that could possibly jeopardise any prosecution. This line of questioning is over.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Finally, I call Deputy Connolly and then we will wrap up.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: I ask the Deputy to conclude.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: I am concluding at 7 p.m. I call Deputy MacDonald.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: He has set the precedent. We will see.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Before we conclude.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: We will get parliamentary legal advice on that.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Seán Fleming: Agreed. I refer to appendix 3A of the Comptroller and Auditor General's report, which outlines NAMA's views on valuations of its own work-outs. This has been an issue. NAMA, in its rebuttal of the Comptroller and Auditor General's report, commissioned KPMG to give it a letter dated 11 May 2016 on two topics - the carrying value of loans and the market value of loans. This will help...

Written Answers — Department of Finance: Property Tax Administration (11 Oct 2016)

Seán Fleming: 61. To ask the Minister for Finance the position regarding payment of the household charge of €100 that was introduced prior to the local property tax where an elderly person did not receive any information or documentation on this matter and the amount still remains outstanding; the balance due on a single house in this situation; and if he will make a statement on the matter. [29536/16]

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