Results 22,401-22,420 of 34,778 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: Yes.
- 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: It had access to it.
- 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: It did, and the question is-----
- 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: Yes, but the question is that it gave an assurance that it had no contractual-----
- 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 cannot assume 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: Take the 12 months in the lead-up to the bidding process commencing before the access to the data room. PIMCO had access to information the previous autumn, but this non-disclosure agreement, when Brown Rudnick was working for PIMCO outside of the data room during that sales process, the non-disclosure agreement did not-----
- 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: Exactly. Therefore, the information it had assembled over the previous 12 months would have been free to pass on to another party, in this case Cerberus, if it chose to do so, but not information assembled while Brown Rudnick was working for PIMCO after it signed the non-disclosure agreement.
- 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: Wow.
- 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: Did Mr. Neporent follow that last point? There were a series of advisers, and the Comptroller and Auditor General says that any information Mr. Neporent's people had received in the data room or through a non-disclosure agreement, they were not free to disclose it to Brown Rudnick or-----
- 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: Is Mr. Neporent satisfied that did not happen?
- 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: Will Mr. Neporent go back through that again because this is news? Will he repeat the point? In preparation for what meeting? Who might have done what?
- 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: Prior to the lodging of the bid on 1 April.
- 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: Wow.
- 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 did Mr. Neporent notify of this technical breach before saying it here?
- 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: NAMA would be entitled to have an opinion on whether it did or did not have an effect on that.
- 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: As soon as it came to Mr. Neporent's attention that there might have been a technical breach in terms of passing information to Brown Rudnick and Tughans prior to the bid being lodged, why did he not notify NAMA?
- 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: Are there any other complications in terms of the bid process, from Mr. Neporent's point of view, in any of the ongoing investigations outside of our examination here?
- 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: The chairman and the chief executive of NAMA will be in here next week. It would be helpful if Mr. Neporent had that conversation with them before then so that we can take it up with NAMA, subject to commercial confidentiality, etc., in public session.
- 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: It would be helpful because there would be an open question to NAMA unless Cerberus and NAMA talk in the meantime. By next week, we would like to have information on this topic. Mr. Neporent has said he will consider that.
- 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 McDonald. At this stage, we are on the final furlong.