Results 21,741-21,760 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) (6 Oct 2016)
David Cullinane: Did the Minister ever give a direction to NAMA to speed up the sale of assets?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: The Minister never asked NAMA to speed up a sale.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: In response to a parliamentary question on 25 March-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: I accept that. The Minister responded to a parliamentary question on 25 March 2014. In it he stated, "I have asked NAMA to evaluate their disposal timing and strategy in the context of current market demand and explore the advantages and disadvantages of accelerating its disposal strategy". A report in the Irish Independenton 19 February 2014 stated:Mr. Noonan told reporters he had...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: Did the Minister advise NAMA to accelerate the sale of properties?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: People could put different interpretations on that. If the Minister gave advice, if he had a conversation with them, people could see that differently, they could see that conversation as being around speeding up the sale of assets. Whether NAMA took on that advice -----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: That is the question I asked the Minister earlier -----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: That is the precise question I asked the Minister earlier. I asked him if he gave advice to NAMA to speed up the sale of assets.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: That is semantics.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: The Minister talked earlier -----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: The Minister has given his view on that. He talked earlier about the sales process and he referenced a conference call that took place between the Deputy First Minister, the First Minister and himself. I do not know if others were involved in that conference call. The call related to the sales process. He then said that he made it very clear that this had to be a fully competitive and...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: On all occasions the Minister was very clear that this had to be a fully competitive and open process. Mr. Frank Daly was here last week and he said: "There was a concern that a fully open sales process, which would by its nature take longer to conduct, would freeze activity in the Northern Ireland market for a period of nine to 12 months". He then went on to say that NAMA "did not believe...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: Minister, with respect-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: I am aware of the Minister's position and he said earlier, in his opening remarks and in response to a question, that he made it very clear that this should be a fully competitive and open process. We have a report from the Comptroller and Auditor General which cites concerns that he had as to whether the process was competitive. More than that, however, and this is what the Minister is...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: I have one more question after this one.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: I just wanted to deal with the differences of opinion between PIMCO and NAMA in relation to -----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: Okay, I will come back to that later. I ask the Minister to respond to the point I was making about Mr. Daly's contribution.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: Regardless of the number of bidders in the process -----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: Regardless of the number of bidders that were in the process, the Minister is not accepting what Mr. Daly said last week, when he said that he did not believe that this was a fully open process. If those are his words, and I have quoted what he said four times, then it does not matter how many bidders were in the process. He said that this was not a fully open process and that NAMA was...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
David Cullinane: I will do my very best.