Results 21,761-21,780 of 34,777 for speaker:Seán Fleming
- 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)
Seán Fleming: A vote has been called in the Dáil. The Comptroller and Auditor General referred to a probable loss of £190 million. Do you reject that?
- 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)
Seán Fleming: Mr. McDonagh said there was an actual loss of £162 million on the sale was recognised in the 2014 accounts. That is not in dispute.
- 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)
Seán Fleming: Had he also said, looking at the entire portfolio, there was a loss or total impairment on the Northern Ireland portfolio of £640 million, would you have accepted 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)
Seán Fleming: You accept that there was a loss of £162 million in your accounts and a total loss over the total period from the time you bought it to the time you sold it of £640 million. We are debating the £190 million, but you are accepting the other losses.
- 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)
Seán Fleming: We have to go the Dáil to vote. It is outside our control. We will return immediately after the vote.
- 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)
Seán Fleming: We are continuing our discussion on the Comptroller and Auditor General's report. I invite Mr. Frank Daly, chairman of NAMA, to make his opening statement.
- 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)
Seán Fleming: Mr. Daly, I am sorry to interrupt. There is a vótáil in the Dáil Chamber. Several of us arranged during the last vote to put in place a pairing arrangement. The meeting is continuing. Several of us are paired so the meeting will continue uninterrupted. There might be a vote in an hour or so, but between now and then we have pairing arrangements in place.
- 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)
Seán Fleming: I thank Mr. Daly for that opening statement. We are calling Deputy-----
- 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)
Seán Fleming: From whom does the Deputy seek clarification?
- 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)
Seán Fleming: I am very clear on this, and I want members and witnesses to listen. I already indicated this to the Comptroller and Auditor General before the meeting. The principal witnesses here today are the NAMA people. We are here to direct questions to NAMA. Inevitably some people might want to raise a point of clarification with the Comptroller and Auditor General during the course of the...
- 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)
Seán Fleming: What page is the Deputy referring to?
- 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)
Seán Fleming: Of who's statement?
- 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)
Seán Fleming: I ask the Comptroller and Auditor General to log those queries and at the beginning of the next session, I will ask him to clarify them. If anything arises-----
- 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)
Seán Fleming: I understand that but there are enough questions to put to NAMA-----
- 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)
Seán Fleming: -----to get us to the end of this session. The clarification will come then and we can proceed again. Our lead speaker today is Deputy David Cullinane. Our second speaker is Deputy Josepha Madigan. Deputies Marc MacSharry and Catherine Murphy have indicated. I am operating strictly to time because we started late.
- 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)
Seán Fleming: We accept that. My head of legal wants to add a comment.
- 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)
Seán Fleming: Is it in the report or in other notes?
- 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)
Seán Fleming: Of which phone call is it a record?
- 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)
Seán Fleming: What is the date and time of the call?
- 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)
Seán Fleming: It is called record 3. I ask Ms O'Reilly to bear with us until we catch up. It is in NAMA's contemporaneous notes. Mr. O'Reilly can carry on and we will catch up in terms of the relevant record.