Results 12,621-12,640 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) (22 Nov 2016)

Seán Fleming: There were two breaches. First, he did not notify NAMA or Lazard that he taken on these people. The second potential breach was - Mr. Neporent stated it was a breach - that they shared the information that Cerberus had with these people who were not a party to the non-disclosure agreement signed by Cerberus. Does that concern Mr. Long?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Seán Fleming: Was Mr. Long surprised that Mr. Neporent made that comment here last week because that had not been in the public arena previously.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Seán Fleming: Okay. We will leave it at that. Mr. Long will be relieved. The questioning was a bit robust. Sometimes I will say to a witness before he or she leaves whether we on the parliamentary side found his or her evidence credible or disingenuous. I ask Mr. Long neither to take offence, nor to take the view that the committee has formed an opinion in relation to his evidence. We are merely...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Seán Fleming: -----and we will test other witnesses to the limit. Then we will come to a conclusion at the end of the process, not here today. I want to put that on record in case Mr. Long thinks in some way we were not accepting his evidence. On behalf of the Committee of Public Accounts, I sincerely thank Mr. Long for travelling to Dublin to meet us today. I thank the Comptroller and Auditor...

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: We are joined by the Comptroller and Auditor General, Mr. Seamus McCarthy, as the permanent witness to the committee. He is accompanied by Mr. John Riordan, deputy director of audit. Are the minutes of 16 and 17 November agreed? Agreed. There are no matters arising. The next item on the agenda is correspondence received, in category A is the opening statement from Mr. Brendan McDonagh,...

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: I do not know but I will put that point to the witnesses.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: We will put that point to them when they come before us. This is a big issue.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: I think members share that view.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: They will arrive in a few minutes.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: We will do that, but there is a suggestion that we adjourn until 10 a.m.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: What is the consensus?

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: It may not be possible to fully complete the proceedings today.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: We will finish discussion of our correspondence and then we will take half an hour or so if members believe that would be adequate to examine the statements.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: I do want the meeting to proceed for the majority of the day.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: We will make the point at the beginning. We will put them on notice that due to the short notice if we do not get finished today it is not our responsibility. We will move on then. We will commence the main business shortly. The first item of correspondence is 189B (i) to (iv), from Niamh O'Donoghue, Secretary General of the Department of Social Protection, providing follow-up...

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: I thank Deputy McDonald. I appreciate that.

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: Deputy Connolly's point is noted. That is a complication for our committee and another exact example of that situation is the PIMCO letter. PIMCO did not attend before the committee in public. NAMA contradicted it in person but all we have from PIMCO is its written statement on the matter. As has been said, we do not have the opportunity to test its evidence in public. We did invite...

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: Yes, and it adds to our issues as a committee. The next item is 195B, follow-up information received from NAMA in response to a number of questions. That is the issue that has given rise to the recent discussion. This is a 54 page document that has arrived within a half an hour of the commencement of the meeting. We will not discuss it now. On an ongoing basis we have been sending...

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: I am. We will do that today. We will also check whether there is provision in our Standing Orders to facilitate the receipt of confidential information by the committee. That is a point we will come back to. The next item of correspondence is in category C, item 181C. It is correspondence from the North Meath Communities Development Association in relation to an ongoing issue with the...

Public Accounts Committee: Business of Committee (24 Nov 2016)

Seán Fleming: The next item is Letterkenny Institute of Technology with a clear audit report and, again, highlighting a deficit in the past five years. The next item is Galway-Mayo Institute of Technology, a clear audit report and, again, a reference to an accumulated deficit. The next item is the Royal Irish Academy, a clear audit report but the deferred pension funding asset recognition issue has...