Results 22,221-22,240 of 34,729 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) (17 Nov 2016)

Seán Fleming: You might not have all of your notes before you, so I will clarify the dates of the meeting. At the main board meeting on 12 September 2013 the chairman advised that he had received the letter about the interest of PIMCO. The meeting of the Northern Ireland committee was on 7 October. There is a full page in the minutes of that meeting about the chairman outlining the issues and wishing to...

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: I wanted to get the chronology right in case people are confused.

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: In September the board in Dublin heard about it, on 7 October the Northern Ireland committee was apprised of it and on 10 October it was discussed in more detail at the main board meeting in Dublin.

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 Kelly might finish now.

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: What I will say -----

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: I will wait until Deputy Kelly finishes his questioning, which will be in a moment. The reason is that until now I have avoided a forward-and-back form of questioning when the Comptroller and Attorney General is present. I want to-----

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: I call Deputy David Cullinane.

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: For the record.

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: Mr. Mulcahy cannot be expected to comment on something about which he knows nothing.

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: When did Mr. Mulcahy first become aware of the PIMCO bid?

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: I cannot ask you to speculate on who did what on issues about which you do not know anything.

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: We are here to deal with facts. Witnesses cannot be asked to speculate. If Mr. Mulcahy says he knew nothing, that is his answer.

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: Who was made aware of a conflict of interest and when?

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: When?

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: Mr. Mulcahy was not a board member at this stage.

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: I am not having questions put to a witness about what the NAMA board decided when the witness was not on the board. Mr. Mulcahy can answer only up to the date of his resignation from the board.

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: Mr. Mulcahy, do not try to answer for the board after you left. Deal with it up to the date on which you left.

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: In my opening statement, I gave the dates on which people resigned from the board. It is in the report of the Comptroller and Auditor General, appendix B, which states, "Eilish Finan completed her term of appointment on 21 December 2013; John Mulcahy resigned from NAMA and the board with effect from 17 January 2014". Witnesses cannot answer anything in connection with NAMA after the dates...

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: What is the Deputy quoting from?

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: This is the second time today. Out of courtesy to the Cerberus delegates, who have to come before us this afternoon and read their opening statement, I am not having anyone gazump their opening statement before they make it here at 2 p.m. There will be no question on or reference to Cerberus's opening statement until they make it. We must be fair to the people. They cannot possibly have...