Results 20,401-20,420 of 26,430 for speaker:David Cullinane

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)

David Cullinane: -----I asked him whether Cerberus was made aware by NAMA that PIMCO had a success fee arrangement with Mr. Cushnahan who had been a member of the Northern Ireland advisory committee, Brown Rudnick and Tughans and he said "No". I asked him whether that information would have been useful to Cerberus and he said of course it would have been. Of course it would have been useful information for...

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)

David Cullinane: This goes back to Mr. Patrick Long from Lazard who said when he said one cannot disentangle Mr. Cushnahan from Brown Rudnick and Tughans. It also goes back to what the Comptroller and Auditor General said in his final finding. He said that NAMA was concerned about being legally OK but was not concerned with actually drilling down into it and making sure that Cerberus had access to the full...

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)

David Cullinane: Yet it is in the board minutes of 13 March that NAMA would do that and give the information to bidders about the departure of PIMCO if it was necessary. It would have been necessary in this situation.

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (24 Nov 2016)

David Cullinane: 13. To ask the Minister for Public Expenditure and Reform the cost of returning to a single tier pay structure within the public sector. [36572/16]

Written Answers — Department of Public Expenditure and Reform: Fiscal Policy (24 Nov 2016)

David Cullinane: 35. To ask the Minister for Public Expenditure and Reform his views on whether the Government's strict adherence to the fiscal rules is increasingly difficult to defend. [36575/16]

Written Answers — Department of Public Expenditure and Reform: Public Expenditure Policy (24 Nov 2016)

David Cullinane: 38. To ask the Minister for Public Expenditure and Reform the flexibility his department is reviewing in terms of the fiscal rules and public capital investment. [36574/16]

Written Answers — Department of Justice and Equality: Registration of Title (24 Nov 2016)

David Cullinane: 40. To ask the Minister for Justice and Equality if she has considered lowering the cost of registering rights of way under the Land and Conveyancing Law Reform Act 2009; and if she will make a statement on the matter. [36605/16]

Written Answers — Department of Finance: Fiscal Compact Treaty (24 Nov 2016)

David Cullinane: 66. To ask the Minister for Finance his views on the EU Commission's statement that Portugal and Spain will not face any sanction for breaking the fiscal compact. [36576/16]

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (24 Nov 2016)

David Cullinane: 165. To ask the Minister for Public Expenditure and Reform the total public sector gross pay, net pay, Government income and the total public sector net pay as a percentage of total Government income in each of the years 2005 to 2015 in tabular form. [36819/16]

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions Levy (24 Nov 2016)

David Cullinane: 166. To ask the Minister for Public Expenditure and Reform the total amount of pension related deduction in each of the years 2009 to 2015 in tabular form. [36821/16]

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (24 Nov 2016)

David Cullinane: 167. To ask the Minister for Public Expenditure and Reform the number of public sector workers by county, the total number of employees in the public and private sectors by county and the total number of public sector employees by county as a percentage of total employed in the public and private sectors by county, in each of the years 2005 to 2015 in tabular form. [36822/16]

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (24 Nov 2016)

David Cullinane: 168. To ask the Minister for Public Expenditure and Reform the number of full-time and part-time public sector workers in each of the years 2005 to 2015 in tabular form. [36823/16]

Committee on Budgetary Oversight: Post-Budget Analysis: European Anti Poverty Network (22 Nov 2016)

David Cullinane: I thank the witness for the presentation. I agree with much of what was said and with many of the priorities identified. However, we are all operating under the constraint of the so-called fiscal rules. They have been revised downward in recent times by the Government following Brexit and external shocks. The fiscal space sets out what additional spending is available. Then there are...

Committee on Budgetary Oversight: Post-Budget Analysis: European Anti Poverty Network (22 Nov 2016)

David Cullinane: What is our rate and what is the European Union average?

Committee on Budgetary Oversight: Post-Budget Analysis: European Anti Poverty Network (22 Nov 2016)

David Cullinane: What is the European average?

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)

David Cullinane: I thank Mr. Long for coming here today. Reading through the Comptroller and Auditor General's report on the loan sales strategy, there seems to be confusion at board level about how to handle the PIMCO approach and what type of loan sale strategy the board should have adopted. I will go through different elements of the report. On page 63, the report states:The loan sale process undertaken...

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)

David Cullinane: Paragraph 4.6 on that page indicates:In October 2013, the Board approved a NAMA executive proposal to explore the possible disposal of the loans of the Project Eagle debtors to PIMCO... The paper presented to the Board for that meeting noted... "...in line with our Board policy... will only be recommending the sale subject to an open marketing process". That was in October 2013 and the board...

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)

David Cullinane: In December 2013, two months later, the report indicates:when the NAMA executive sought Board approval for Project Eagle, it did not recommend an open marketing process. Instead, it sought guidance from the Board as to how to respond to PIMCO’s continuing request that it be granted exclusivity. An objective reading of that, from what I can see, is that in October it was very clear it...

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)

David Cullinane: That is not the question. In October 2013, it was clear it had to be an open marketing process but in December it did not recommend an open marketing process. There is talk about continuing requests from PIMCO. How did it go from an open marketing process to not being an open marketing process? Paragraph 4.9 indicates there would be a limited, focused and time-bound open marketing process.

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)

David Cullinane: We will get to the competition part of it later because I have questions on that. The reading of the report suggests there were certainly discussions - perhaps robust discussions - at board level as to what type of marketing process and loan sales strategy there should be because of the approach or maybe pressure from PIMCO. It mentions continuing requests from PIMCO. It was not just one...