Results 2,781-2,800 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: It was always the standard discount rate across portfolios, but I am no expert on discount rates in property sales.
- 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: My officials might be able to help.
- 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 say 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: I did not say 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: It was in the NAMA board paper originally, but it is well qualified.
- 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 say I got it there. I know from-----
- 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 know from what I learned on the job that there can be a standard discount rate applied to property portfolios, but it can vary up or down depending on location and market conditions.
- 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 am no expert on either issue, but I have two experts with me.
- 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 it is well qualified in that document.
- 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 am not demonising the Comptroller and Auditor General. I think his office does a very good job.
- 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 am simply saying there is a difference of opinion between himself and NAMA, and one of the central points is the appropriateness of the discount rate.
- 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 do not accept that allegations framed as questions are actually valid questions. They are simply allegations, and I need to rebut allegations.
- 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 might not be.
- 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 do not think that was part of the report. Was 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: We read the full report of the Comptroller and Auditor General. Is Deputy Connolly saying that was part of 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 this a different report?
- 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, 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) (6 Oct 2016)
Michael Noonan: I do not know anything about Mr. Cushnahan.
- 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 answer. I do not know anything about Mr. Cushnahan. His appointment arose from a recommendation by the Northern Ireland Minister of Finance, Sammy Wilson, to NAMA. The board of NAMA appointed him as one of two advisers on Northern Ireland. Normally, decisions in Northern Ireland are cross-party, because that is the way the Northern Ireland Executive worked. However, no one...
- 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: Chairman, we are not here to discuss that report.