Results 1,501-1,520 of 32,832 for speaker:Catherine Connolly
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Was Ms Finan aware that Mr. Cushnahan represented six or seven debtors whose debt amounted to 50% of the Project Eagle debt?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: I ask Ms Finan to listen to my question, please. Was she aware that it represented 50% of the Project Eagle debt?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Mr. Corrigan was on the NAMA board after the other two witnesses left the committee, right into 2014. Is that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Mr. Corrigan will have read the Comptroller and Auditor General's report.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: The Comptroller and Auditor General made the point that there should have been further follow-up on the conflict of interest issue that arose. Is Mr. Corrigan aware of that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Does Mr. Corrigan agree with the Comptroller and Auditor General on that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: It was March 2014.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: That is what all of the NAMA-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: I am only trying to elicit------
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Absolutely.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: I appreciate that and I am not attacking Mr. Corrigan in any way. However, NAMA did not pursue it at the time. The Comptroller and Auditor General's report is saying it should have been done and it should have been followed up at that point. Mr. Corrigan does not think so.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Okay.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: That is okay. I hear what Mr. Corrigan is-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Not represented by me; the Comptroller.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: So, there is divergence between Mr. Corrigan and the Comptroller and Auditor General in relation to the necessity to follow up. Let us move forward then to when Cerberus took over. When did NAMA become aware that the same legal advisers had moved on to Cerberus from PIMCO?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: It is important and I am not trying to catch Mr. Corrigan again. If he does not know, that is fine and I will move on. However, it is key. It is one of the keys because the NAMA CEO and chairman have been here and, subject to correction and checking the thing, they said they only became aware of the legal advisers at a certain date. Mr. Corrigan cannot add or take from that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: He does not know.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: I ask Mr. Corrigan to let me put a question to him now. They were the same legal advisors. They had advised PIMCO. PIMCO withdrew on 12 November. Within a matter of, let us not exaggerate, two weeks they were now advising Cerberus. Would that raise concerns on a NAMA board? Should it have?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: Brown too.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Catherine Connolly: I understand that. I have moved onto Cerberus now and within ten or 12 days, the same legal advisers had moved on to a new company which won and bought. Mr. Corrigan cannot add to that.