Results 21,641-21,660 of 27,087 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) (13 Oct 2016)
David Cullinane: Why would Mr. Rowntree say the investigation should also consider the corporate governance controls? That would suggest he sees something there that needs to be investigated?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: It is about the conflict of interest.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Can Mr. Rowntree elaborate on that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: He went on to say, "It is important that integrity is the key principle in any such investigations and any confirmed breach of integrity must have supporting accountability and sanction".
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: What does Mr. Rowntree mean by integrity?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Does he believe that people associated with NAMA, or any individual associated with NAMA, did not show integrity or breached integrity?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: We have the facts on Mr. Cushnahan. The Comptroller and Auditor General's report actually is evidence based. It took a number of years to publish and to investigate this report. It looked at supporting documentation, minutes of the Northern Ireland advisory committee, NIAC, and NAMA and involved a lot of discussion with NAMA officials. It is based on fact. What we do know from the...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Was Mr. Rowntree aware at that point that Mr. Cushnahan-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Was Mr. Rowntree aware-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: We now know there was a success fee or fixer fee, call what you like, of £15 million, which was to be shared between Mr. Cushnahan, Tughans and Brown Rudnick. This has been accepted now as a potentially corrupted process by the Minister also. That led to PIMCO eventually withdrawing. How does that make Mr. Rowntree feel as a former board member?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: When did those two NIAC meetings take place in Tughans office?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Then Mr. Rowntree would have been very surprised when he was eventually made aware. NAMA was made aware by PIMCO on 10 March 2014 of the success fee that involved Mr. Cushnahan, Brown Rudnick and Tughans, but Mr. Rowntree was not made aware of this. The first he heard of it was when it was in the public domain.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: I thank Mr. Rowntree for his patience. I have a number of short questions first. How did Mr. Rowntree get on to the committee initially?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: By?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Did Mr. Rowntree have to apply?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Mr. Rowntree talked about the University of Ulster survey quite a lot. In terms of the presentations that were made, he mentioned Powerpoint presentations, etc.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Were hard copies of the documentation given to board members?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Could Mr. Rowntree take those hard copies away with him?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: But Mr. Rowntree was given hard copies?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
David Cullinane: Mr. Rowntree also said that no similar study was carried out in the South.