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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)

Catherine Connolly: The third and fourth. Did Mr. Reid have access to previous draft reports from NAMA?

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)

Catherine Connolly: Did Mr. Reid ever discuss it with NAMA?

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)

Catherine Connolly: Mr. Reid never discussed it with NAMA. There was just one other little thing I wanted to come back on. Just to put it in perspective again, which I did on the last occasion, the par value of these loans was £4.6 billion. It was reduced to £2.2 billion, so there was a major loss on that. It was then reduced to £1.3 billion or thereabouts. That represented only 3% of NAMA's...

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)

Catherine Connolly: Having listened and looked, it seems to me that a strategic decision was made like that. There is no evidence, which is what the Comptroller and Auditor General highlights. He is not making a decision, which the Department keeps saying. The Comptroller and Auditor General has not said once that a different decision should have been made or that NAMA should have held on. He will speak 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)

Catherine Connolly: Does Mr. Reid accept there is no evidence? Has he read the 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)

Catherine Connolly: Does Mr. Reid accept there is no evidence that alternatives were considered?

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)

Catherine Connolly: Are they set out in detail for us to see?

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)

Catherine Connolly: So we cannot make up our minds and taxpayers cannot make up their mind. Is that right? That is what we are here about at the end of the day. We should not make something so hard that the ordinary person cannot read and understand it because they certainly can if we give the information. I take back the patronising way that comes across. We are here for the taxpayer. There is no evidence...

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)

Catherine Connolly: He did not. It is a very long letter. I forget how many pages there are in it. There are five pages. They zone in, quite incorrectly, on the 5.5% because the Comptroller and Auditor General report does not choose 5.5%. This paper zones in on that and on the fact the Comptroller and Auditor General did not have expertise and so on. The Minister did not reply to 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)

Catherine Connolly: The Minister did not reply to 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)

Catherine Connolly: The letter clearly points out-----

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)

Catherine Connolly: I am finishing. The letter says the Comptroller and Auditor General adopted a completely uncommercial stance in looking at the 5.5%, which is not accurate. NAMA goes on to say that if that was the case, it could not possibly sell the property at a reasonable price to comply with what was endorsed by the Minister, which was to manage the process of accelerating disposals with the target 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)

Catherine Connolly: The Minister may not have had but NAMA has clearly stated in the documentation that the 3% took up a disproportionate amount of time, which is the only reason I mentioned it. It was messy for it and it wanted out.

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)

Catherine Connolly: It may well 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)

Catherine Connolly: I would be the first to withdraw any personal allegations. I do not recall making allegations. I said the Minister stood over this process. That is not an allegation. He stood over this process and he is still standing over it.

Written Answers — Department of Social Protection: National Internship Scheme Review (6 Oct 2016)

Catherine Connolly: 38. To ask the Minister for Social Protection regarding the evaluation of JobBridge, promised in September 2016, his plans for replacing JobBridge with more targeted schemes aimed at specific groups; and if he will make a statement on the matter. [28734/16]

Written Answers — Department of Communications, Energy and Natural Resources: National Mitigation Plan (6 Oct 2016)

Catherine Connolly: 241. To ask the Minister for Communications, Energy and Natural Resources in view of the importance of the issue of climate change and in view of the commitment in the programme for Government to produce a national low carbon transition and mitigation plan and following the establishment of the Climate Change Advisory Council, if the council will issue a public...

Written Answers — Department of Communications, Energy and Natural Resources: National Mitigation Plan (6 Oct 2016)

Catherine Connolly: 242. To ask the Minister for Communications, Energy and Natural Resources in respect of the national low carbon transition and mitigation plan, the person who will be consulted in its development; the process that will be undertaken to develop the plan; and if he will make a statement on the matter. [29057/16]

Mental Health Services: Motion [Private Members] (5 Oct 2016)

Catherine Connolly: This is the third time we have debated mental health issues in this Dáil. I fully support the motion not necessarily because of its wording, but because it seeks to put pressure on the Government to do what it should do, which is review A Vision for Change. A Vision for Change, as was pointed out, was introduced in 2006. It followed Planning for the Future in 1984, which was not acted...

Topical Issue Debate: Home Care Packages (5 Oct 2016)

Catherine Connolly: I thank the Minister of State for her reply. However, the full capacity protocol is in operation in Galway. Code black is the one it is using. The hospital is in crisis, notwithstanding anything the Minister of State has told me in this reply. That is the position in Galway. The money for the home care packages has been used up and no money is available to provide the necessary home care...

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