Results 2,701-2,720 of 27,019 for speaker:Michael Noonan
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: Yes.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: That is the way the Act is drafted.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: So what is the question?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: I did not intervene because the issues that arose from the payment to Mr. Cushnahan, or the alleged payment to Mr. Cushnahan, were brought to the attention of NAMA by PIMCO, which at that point was the preferred bidder, and PIMCO withdrew from the sale.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: As far as NAMA was concerned, then that issue was not relevant to the sale subsequently and its advice was, and its decision as a board-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: Its decision as a board, as we have recited previously, after taking advice from Lazard, was that there was sufficient competitive tension still remaining in the remaining bid-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: No, let me finish.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: In the remaining bidders, which were not involved in any payments to anybody-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: No, when facts match-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: When facts match it is not collaboration.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: We are dealing with the same set of facts. That is not collaboration.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: I did not-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: What is it?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: Is not that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: Why?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: Yes, but Mr. Wilson recommended to Brian Lenihan-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: -----the appointment of-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: Minister Lenihan, the late Brian Lenihan. Sammy Wilson, finance Minister of Northern Ireland, recommended his appointment to the late Brian Lenihan, and he was appointed by the board of NAMA following that recommendation. When I read this subsequently-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: It is relevant because when I established the facts of his appointment subsequently, I assumed that Mr. Wilson was not speaking for himself. I understand that under the Good Friday Agreement there must be agreement across the Executive so I assume that-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Michael Noonan: -----deputy First Minister, Martin McGuinness-----