Results 2,801-2,820 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: Was that report published or is it an internal 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: Is that report before the committee, Chairman?
- 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: No, not to my memory.
- 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.
- 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: There was no reference when Frank Daly briefed me on PIMCO's withdrawal. There was no reference to Frank Cushnahan's resignation or discussions on the circumstances of his resignation. What was communicated to me was that the ethics committee in PIMCO in the United States had informed NAMA that money was going to be paid, about to be paid or promised to be paid and Mr. Cushnahan was one 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: This guy had resigned. I did not know anything about him. I never met the man. I knew that his functions were very limited. I had been assured by the NAMA chairman that he had no access to commercially sensitive information, and he was a recommendation of, I assume, the Northern Ireland Executive because his recommendation came under the signature of then Northern Ireland Minister for...
- 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: Of course alarm bells rang in my head about the particular information as to why PIMCO thought that it would be in its best interest not to proceed.
- 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 was surprised but being surprised, I had no way of remediating 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: Wait now. If he was guilty of a criminal offence, he would be investigated and I am assume he was being investigated by the Northern Ireland authority. He had resigned from the board of NAMA and the persons who were alleged to have promised him some money were now withdrawn 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: 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-----
- 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 Deputy should not put words into my mouth. The Deputy should not answer the questions.
- 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 use the expression "alarm bells went off in my head"-----
- 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: -----but everybody was concerned.
- 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 have anything to do because I had no legal role and the NAMA board view at the time - it advised me - was that the exclusion of PIMCO from the sale process was a sufficient remedy to his alleged involvement.
- 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: But there was always a possibility that what he was doing was in breach of law and if it was in breach of law, it was a matter for the Northern Ireland authorities to deal with 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: What?
- 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 simply a matter of fact. He was no longer on the advisory board and-----
- 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: -----he had resigned the previous November.