Results 4,701-4,720 of 20,057 for speaker:Brian Stanley

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: You could graze sheep on it.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: One unit or one three-bedroom house would be worth what it was sold for.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: Roughly €70,000 per unit.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: It is not what it is worth. That is the value due to intimidation. It is the intimidated price that can be got. That is what that is.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: Remove the intimidation and the threats----

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: -----and then you are talking about between €5 million and €7 million.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: That is great value per unit when you work it out.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I accept that. I know of a number of estates that were left like that. I am aware of one at the moment that is being developed by the local authority. It will be a turnkey project. It was left in a similar state. The local authority will be spending in excess of that money on it and it is still good value when it is compared to what is on the market. That will come in as social housing...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: This is worse than the Quinn situation.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: Did NAMA check back with An Garda Síochána to see how this investigation was going? It was clear where the intimidation was coming from.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: The taxpayer took the hit.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: Could Mr. McDonagh be brief because-----

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: At that meeting, did NAMA raise the issue of intimidation with this individual?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: Was it raised?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: What had they to say about it?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: That was over-----

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I would call it a hard neck.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: And intimidation to back it up. When this was put to them, was it ever considered that NAMA, the receiver and An Garda Síochána would sit in the same room and discuss this?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: As the chief legal officer of NAMA, was there any contact between his section in NAMA and An Garda Síochána and the chief superintendent?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: There did not need to be.