Results 20,821-20,840 of 26,431 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) (18 Oct 2016)
David Cullinane: He was wrong there.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: There does not need to be debtor information for there to be a perceived conflict of interest. We now know that. It is a bit of a red herring. There are many different ways in which there could potentially be conflicts of interest. We have Mr. McEnery's view on that and Mr. Rowntree's.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: I have Mr. McEnery's point.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Have the three witnesses personally declared conflicts of interest?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: You all have. Prior to appointment to the NAMA board did Mr. McEnery work for any companies that had any association with NAMA?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: The practice? Can he outline what the nature of that involvement would have been?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Is this HBC?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: In respect of conflict of interest did any of the witnesses here have any involvement in political campaigns?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Can he tell us what that was?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: For who specifically?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Would that include Michael Noonan?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Mr. McEnery was a director of elections for Fine Gael. Would that have been something he should have told us when he was here previously?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: It is interesting to know that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: To move to the discount rate. I think NAMA has put out a lot of misinformation on this because it seems to peddle the line that the Comptroller and Auditor General in his report was making a claim that the 5.5% discount rate should have been applied and not the 10.5% which was what it calls the market rate. That is not accurate. The Comptroller and Auditor General's report says that the...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Can Mr. McEnery be precise because I have read that? The point is that there was no reference made to papers presented to the board to say why a higher rate than NAMA's 5.5% discount rate would have been applied.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: That is what I am trying to get at, what evidence was presented to the board.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: NAMA needs to present that to us in more detail. All of this was done on the basis of painstaking work by the Comptroller and Auditor General's office. This was a serious bone of contention between NAMA and the Comptroller and Auditor General. There would have been a lot of toing and froing and the Comptroller and Auditor General's office would have looked for all the supporting...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: If that is fair then that------
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: Can NAMA provide evidence that the board believed that should be applied to Project Eagle?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
David Cullinane: We will hear from the Comptroller and Auditor General in due course.