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Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: We will not discuss this at length because if Fortress representatives are coming in, we will want to discuss it with them. More important, we will have discuss to it-----

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: A gentleman is coming from the US to address the committee with an opening statement. If we have to let the Comptroller and Auditor General come back afterwards, we will do so. Out of courtesy to the person who is coming to assist the committee voluntarily, however, I want him to read his opening statement and I do not want any discussion until he is here this afternoon. I have no problem...

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: I think-----

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: I think there is unanimous agreement on this. I propose that we have a discussion of our work programme for January, February and March in early December. We will not do it today or next week but I propose that at one of our private meetings in early December we prioritise our work programme for the areas we want to deal with early in the new year. It will be the new year before they come in.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: Yes, I think it is. We will have a few meetings in December about our draft report. I think that it will take up our time.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: In advance of that, we will have some information. In respect of the letter we received from Mr Niall Cody, which I referred to in correspondence a few moments ago, 168B(ii), the last item we asked him about was the note on the nursing homes scheme and the collection of fees by the Revenue Commissioners. There is a specific note on that so members can see that this was already in the back...

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: We will check that ourselves because it says "Dear Minister" and we do not know to which Minister it is addressed. I presume it is the First Minister. We do not know whether it was the deputy First Minister. We will enquire about that. The next items are statements and accounts received since the previous meeting. Before we go to statements and accounts, I want to refer back to the...

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: When will we receive the 2015 accounts for the Kerry Education and Training Board?

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: The 2015 audit report for the Laois-Offaly Education and Training Board is clear. The 2015 audit report of the Road Safety Authority is also clear. However, severance payments of €145,000 were made during 2015 and associated legal costs amounted to €66,400. The authority did not obtain sanction for these costs from the Department of Public Expenditure and Reform, as...

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: A letter was sent to Brown Rudnick and the gentleman to whom the Deputy referred. Letters were also sent directly to the home address of the former First Minister, Mr. Peter Robinson, and Fortress, asking them to appear before the committee.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: All those letters were sent more than one week ago and we have not yet received responses. We will have to wait until next week. If some of the individuals in question indicate a willingness to appear, we will certainly facilitate them. We must first await responses.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: No.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: The legal advice to us was that we should stay away from that matter because of police investigations. I respect that position as something could be said at a meeting that could compromise an investigation or a defence. I do not want to go there to be honest.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: No, it is Mr. Stewart. Are there issues arising? We can ask the legal advisers to NAMA to make themselves available.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: That is fine. It is agreed that we will put NAMA on notice to make the individuals in question available next Thursday when Mr. Daly and Mr. McDonagh appear. They are normally present in any case. We will ensure they are here as part of the NAMA team next Thursday. Is that adequate?

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: We will make sure the legal advisers are here next Thursday.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: While next Thursday's meeting is the final scheduled public meeting, invitations have been extended to several other individuals and if they agree to appear before the committee, we will have to-----

Public Accounts Committee: Business of Committee (17 Nov 2016)

Seán Fleming: Yes, we will have to wait and see. Next week's meeting may be the final meeting. However, depending on the responses we receive, there may one or two further meetings. As of now, next Thursday's meeting will be the final one but we must wait and see. As there no other business, we will suspend for a moment to allow the witnesses to take their seats.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Seán Fleming: Today, the committee will continue its examination of the Comptroller and Auditor General's special report No. 94 on the National Asset Management Agency, or NAMA as it is better known, and its sale of Project Eagle. Project Eagle was the code name given to the sale of NAMA's Northern Ireland loan portfolio. To date, we have met the Comptroller and Auditor General on his report,...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Seán Fleming: Deputy, your time has concluded.

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