Results 15,301-15,320 of 20,247 for speaker:Brian Stanley
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I accept that. I know of a number of estates that were left like that. I am aware of one at the moment that is being developed by the local authority. It will be a turnkey project. It was left in a similar state. The local authority will be spending in excess of that money on it and it is still good value when it is compared to what is on the market. That will come in as social housing...
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: This is worse than the Quinn situation.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: Did NAMA check back with An Garda Síochána to see how this investigation was going? It was clear where the intimidation was coming from.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: The taxpayer took the hit.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: Could Mr. McDonagh be brief because-----
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: At that meeting, did NAMA raise the issue of intimidation with this individual?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: Was it raised?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: What had they to say about it?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: That was over-----
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I would call it a hard neck.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: And intimidation to back it up. When this was put to them, was it ever considered that NAMA, the receiver and An Garda Síochána would sit in the same room and discuss this?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: As the chief legal officer of NAMA, was there any contact between his section in NAMA and An Garda Síochána and the chief superintendent?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: There did not need to be.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: Mr. Stewart is charged with disposing of an asset on behalf of the taxpayer - an asset on which taxpayer has already taken a serious hit and that caused a crisis in this country. It is now being sold for a fraction of what it would normally be worth if the words "intimidation" and "threats" were removed from the equation.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I am not.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I am not oversimplifying it. I am setting out the facts we established here today.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: Is Mr. Stewart telling me that there was no individual in this State who would have given €520,000 for it - who would have given double that?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: Because of intimidation and threats, the sale price was hanging over. That is why.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I accept that it is a difficult one. I said that at the start. I can see that NAMA had a limited number of tools but what is infuriating is the fact that this was allowed to happen. In normal circumstances, these assets would have made multiples of that. I understand that NAMA had some tools as did the liquidator, An Garda Síochána and the local authority but between everybody,...
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I will tell Mr. McDonagh what it was. What was allowed happen here was a national scandal. That is all I will say about it.