Results 22,561-22,580 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) (10 Nov 2016)
Seán Fleming: Is there a reference number on that document?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: Did the witness tell the Minister that this letter issued by Mr. Frank Daly on the publication of the report from the chairman of NAMA to the Minister was quoting aspects out of context? Did she advise the Minister-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: We are agreed on that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: Did the witness go back to Mr. Daly and ask him to withdraw or correct the letter?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: Just on that, given that the Department has accepted reports from the Office of the Comptroller and Auditor General as well as its annual reports for the previous five years dealing with the same assets and the same balance sheet, why now at this point, after five years of accepting audit reports, does the Department have an issue?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: Does the witness know the question I am asking?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: So the Department did not decide-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: Did it ask for advice from the Department on whether it should continue or not?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: A vote has been called in the Dáil. Will we stop now or are there those who want to return for a final few minutes? There are probably a few minutes left of the meeting. I would prefer to finish matters out, even if we have to come back after the vote for another 20 minutes. Is that agreed? There is a vote, so we will have to go. I will have to suspend the sitting. Even if there...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: We will resume our consideration of the report of the Controller and Auditor General on Project Eagle. Deputy Catherine Connolly was in possession.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: On that point, perhaps I missed something. Ms Nolan might go over what she said. She said she had received reassurance from NAMA and Lazard that there was a competitive process. When did she seek and receive that reassurance?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: To tell him about PIMCO.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: The deal was closed. It had been accepted.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: That is what I am getting at.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: It received reassurance from Cerberus only on the day the final bill was accepted, 2 May. It had to be around that time.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: The Department was not in touch with it in the meantime.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: I have a few questions. In Ms Nolan's letter to Mr. Harkness, she said she was surprised that the Comptroller and Auditor General did not engage directly with board members as part of this special report. I think I have asked this question previously. In all the years of Ms Nolan's extensive experience, when has the Comptroller and Auditor General ever engaged with the full board of any...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: I have put this question to NAMA officials and I will put it to Ms Nolan because she referred to it in her letter. I am sure she met the chief executive officer and the chairman. Did she feel that they were not competent enough to portray the views of NAMA and that it was necessary for her to suggest the need to meet the other board members?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: On the second page of the letter, Ms Nolan states, "You have also outlined in the report's summary that the NAMA did not seek formal external advice on the sale strategy". Did NAMA receive such advice?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Seán Fleming: Is it is a little unusual - given that NAMA has all the expertise and its officials are in charge of making all the decisions - that they did not seek external advice? There is a criticism that the Comptroller and Auditor General had not sought external assistance?