Results 1,781-1,800 of 32,837 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) (24 Nov 2016)
Catherine Connolly: It is 231 that the witnesses have before them and that we have in front of us.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: We are working from record 3.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Are we breaking for lunch?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Did the Chairman say that it was in paragraph 3.86?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Mr. Daly is looking for paragraph 3.81.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Yes. It reads: "NAMA's argument that a discount rate ... is not persuasive." The Comptroller and Auditor General is not arguing about figures. Rather, he writes that NAMA's argument of 10% is not persuasive. Let us be clear if we are to quote bit by bit.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: No. That is reducing the whole debate-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: That is the NAMA narrative. I have a completely open mind. I do not agree with the Chairman's analysis at this moment in time.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: A report has been done and stood over by the Comptroller and Auditor General. NAMA is still giving the narrative when it appears before the committee. To reduce it to a word "probable" is not the issue in question.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I thank the Chairman.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I have. I asked those two questions this morning. I thank Mr. McCarthy for the clarification. When he gave evidence for the second time and had an opportunity to listen to everything, he said he did not change a single word in his report. Is he still holding to that view?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: That is all. I was asking just for clarity.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I have difficulty with this type of interaction. I am 100% happy with the Chairman. The report of the Comptroller and Auditor General has been excellent in its clarity. From day one I have asked every single witness who appeared before the committee whether they read the report. Every time we were told they did, but it is as if he is saying what he said for the first time. He has...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I am not interacting. Rather, I am making a comment in response to comments. I will come back with specific questions. One cannot remain quiet when a narrative continues to be put. The report is crystal clear. We have asked the Comptroller and Auditor General twice whether he saw a need to change his report. He said "No". He said after careful consideration and all of the evidence he...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: That is the whole point; they are saying they are not.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Chairman, it would be appreciated to have the same discretion when it comes to this matter. I thank the witnesses for attending here again. I shall refer to the minutes because, as I am sure the witnesses will agree, they are crucial in outlining what NAMA knew and did not know about PIMCO and what followed afterwards. Let me ask a few quick questions. NAMA gave no written instructions...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I thought NAMA just gave it a verbal briefing.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I ask Mr. Daly to let me continue. Initially, no written document was given to Lazard. NAMA gave it a verbal briefing. 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) (24 Nov 2016)
Catherine Connolly: Then Lazard came back-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Please, I am not drawing any conclusions. I am establishing facts. I have a completely open mind. I have a report from the Comptroller and Auditor General. I am listening and I am asking questions. NAMA gave a verbal briefing and it came back with its understanding of that. Is that correct?