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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)

Mary Lou McDonald: No. On this matter. He accepts that I have made that clear. The evidence that we have been presented - the board minutes and PIMCO, echoed in part by Cerberus - stands to the contrary.

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)

Mr. Frank Daly: I am not sure what has been "echoed in part by Cerberus". I am back putting it-----

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)

Mr. Frank Daly: I echo Ms O'Reilly's point. I do not think we were blind but I think we would have had difficulties in going to a company like Cerberus with a specific request relating to one individual which was not proven at any stage at that 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)

Mary Lou McDonald: They are your notes, and it was Mr. Rice's impression, and he echoes it in their correspondence with the committee in this month of November that they understood there was a NAMA involvement in the arrangement going back to April or May 2013. Mr. Stewart disagrees. That was their impression.

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