Results 23,321-23,340 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) (13 Oct 2016)

Seán Fleming: Did the external members to the board have that?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: The members had NAMA-specific information.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Was there a value put on that in terms of the €1.3 billion?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: We have not heard anything about the value of the NAMA portfolio. I think that is the first reference we have heard to anything recent.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Mr. Rowntree is saying that there was a chapter specific to NAMA dealing with different methods of valuation, depending on what happened to the land. That is highly commercially-sensitive information.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: We did not know there was such a specific report in existence. We really appreciate Mr. Rowntree's help on this. We will have to chase NAMA for part of the information. Was there any information in that NAMA chapter which linked any of their major debtors to the particular lands?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Fine, but there was tremendous information about the valuation of the NAMA-controlled lands in this chapter. I know Mr. Rowntree did not and the board never discussed it but if someone had debtor-specific information and had that report, he or she could match the two in the blink of an eye. Does Mr. Rowntree understand-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: I must qualify this by saying that it could only be done if someone breached corporate governance rules. If there was no breach of corporate governance, such a link would not be made. If there was a breach, however, a child of two could put the pieces together.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: We might not. I just want to know if I am following the logic through.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Let us be clear, the approach by Pimco on day one was initiated by two major NAMA debtors. We have all read about that. They went to different people and put a plan together. I read somewhere that the five or six debtor groupings represented 85% of the total loan book at the end of the day. Therefore, it would not take much to link the five or six people to this chapter of the report that...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: I am not-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Mr. Rowntree cannot answer those questions. I am just thinking out loud as to future questions as a result of Mr. Rowntree's help today.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Did the Comptroller and Auditor General get that report?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Mr. Rowntree, what revision of strategy happened in terms of the NAMA assets?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Yes. It reads "updated in May 2013".

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)

Seán Fleming: Mr. Rowntree has been most helpful. He has provided some information of which this committee was not fully aware. There is information in the system and we will ask NAMA for a copy of the report. It would have been nice had NAMA told us about it when its representatives were here for several hours recently. We will ask NAMA for that now. If there are no other questions, I propose that we...

Written Answers — Department of Justice and Equality: Garda Vetting of Personnel (13 Oct 2016)

Seán Fleming: 5. To ask the Minister for Justice and Equality the position when An Garda Síochána National Vetting Bureau conducts vetting of a person in respect of a position they may be taking up with an organisation involving vulnerable persons; if their vetting covers items which in many cases can be a substantial numbers of years where the person, the subject of the vetting, has lived and...

Written Answers — Department of Justice and Equality: Immigration Policy (13 Oct 2016)

Seán Fleming: 6. To ask the Minister for Justice and Equality the position regarding the procedures whereby a person may seek permission to stay and work here when persons from outside the EU are here on a visitors visa; and if she will make a statement on the matter. [30040/16]

Written Answers — Department of Finance: Office of the Comptroller and Auditor General (13 Oct 2016)

Seán Fleming: 28. To ask the Minister for Finance the position of the role of the Comptroller and Auditor General in 1924 and if this was an independent office or part of the Department of Finance at that stage; if records can be obtained regarding the persons who were the employees in the Comptroller and Auditor General's Office in that year and their respective duties; and if he will make a statement on...

Written Answers — Department of Finance: Tax Data (13 Oct 2016)

Seán Fleming: 29. To ask the Minister for Finance following the paper issued in December 2014 which sets out best practice guidelines for the valuation of tax expenditures and that the frequency of ex-post evaluations and ex-ante evaluations were identified, if such evaluations were carried out in respect of section 110 and the tax forgone by the State; when these were carried out; the details of the...