Results 12,041-12,060 of 34,872 for speaker:Seán Fleming
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: A vote is taking place in the Dáil.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: It is an ad hocvote. I am told it might be about whether the Dáil should sit next week.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: I have no problem staying.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: Will the Government fall? Do members-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: Maybe the seconders can go. The secretariat could advise Fine Gael's Whip that the two Deputies are paired with two of my party for a Committee of Public Accounts meeting. Perhaps the Deputies are not allowed to do so. I do not know.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: The Deputies can do their own thing.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: We had a pairing arrangement in the past but maybe it does not exist in the new politics arrangement.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: We will continue and the next speaker is Deputy Connolly.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: Yes, go ahead.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: I shall call Deputy Connolly after this.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: I call Deputy Connolly.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: That NAMA had no knowledge.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: On this exact point.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: NAMA has not been helpful to the Committee of Public Accounts or itself. We specifically addressed the issue with the NAMA chairman on 29 September at approximately 7 p.m. when he produced an e-mail. He got the indemnity from Cerberus about no success fee being paid to anybody. It was produced that evening after the board meeting. An extraordinary six weeks after the arrival of the...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: How can it be that six weeks after the chairman appeared here, nobody in NAMA can answer the question?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: We understand. The NDA would have required them not to disclose to Cerberus anything they picked up when working for PIMCO. We understand all that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: This is the crunch question. Aside from access to the data room, was there not an obligation in the terms and conditions on people submitting bids to notify NAMA who their professional advisers were, so NAMA could be satisfied that they were not people working for NAMA? Would that not be a normal requirement?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: You did not require to be informed of those advisers.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: I refer to two pages of the Comptroller and Auditor General's report, one of which is page 117, which refers to the board meeting of 11 March regarding PIMCO. It states: "In light of Frank Cushnahan's involvement in the PIMCO bid, the board discussed whether PIMCO's bid, at this stage, was fatally flawed [very strong words] given the potential perception that PIMCO might have benefitted from...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (25 Oct 2016)
Seán Fleming: No, the PIMCO bid.