Results 32,581-32,600 of 33,139 for speaker:Catherine Connolly
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Was this advice retrospectively obtained?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Was all the advice received after the event?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Has the Comptroller and Auditor General's office any difficulty with that advice? Does Mr. McCarthy disagree with it?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Mr. McCarthy clearly set out that he has no opinion on the decision to sell the property and it was up to NAMA. Is that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: With regard to the Comptroller and Auditor General's findings, NAMA has zoned in on the difference between the valuations of the property or the absence of them, which we will come back to in due course. The other findings relate to a conflict of interest and no proper record keeping, which are two major issues. Will Mr. McCarthy deal with those?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Mr. McCarthy gave an entire chapter to that out of 160 pages.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: What were Mr. McCarthy's concerns? I acknowledge he has outlined them in written form for the committee but I would like him to elaborate on them.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: I have been a little unfair in the sense that there is a third issue. Mr. McCarthy found problems with the sales process that led to the end result. I am rigidly sticking to what he has found. I note he has not drawn conclusions. He has raised concerns and I am asking about them. He said the withdrawal of PIMCO and the circumstances around that were a serious concern for him and the way...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Was that followed up?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Incidentally how many documents did the team from the Office of the Comptroller and Auditor General look at during the course of this investigation?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Was the figure of 40,000 mentioned?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Again NAMA has stated in a briefing document or statement that the Office of the Comptroller and Auditor asked for and was given a limited number of documents to examine. Is that accurate?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: I digressed. Going back to the process of the sale, leading up to the PIMCO withdrawal, am I correct when I say the Comptroller and Auditor General highlighted serious issues in relation to the sales process itself? Perhaps, I should make a statement and Mr. McCarthy can correct me if I am wrong. The board of NAMA looked at the sales process on 13 December 2013, and again in January 2014...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: The board opted for an open sale. Is it fair to say that the nature of the open sale was somewhat unusual in that the board set very limited-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: I think at the board meetings it was mentioned in the paper that it would look for a limited number of bidders. Is that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: Am I correct when I say that between the board meeting in December and January, NAMA had come to the conclusion that this whole sale process should be completed by the end of January, that it should be opened up to at least two or three other bidders?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: What did the board decide?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: To be clear, am I correct that prior to that PIMCO had already been involved for a number of months with NAMA?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: PIMCO was in from November and had an advantage before the process started in January with the appointment of Lazard. Is that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Catherine Connolly: They had a headstart. In respect of Lazard, what fee was paid to Lazard?