Results 6,121-6,140 of 10,573 for speaker:Patrick O'Donovan
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Was that the only piece of correspondence that had been received from the First Minister of Northern on the matter?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Were any preferences expressed in terms of how the portfolio should be dealt with?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: No, was any preference expressed by the then Northern Ireland Minister of Finance and Personnel as to how the matter should be dealt with or as to who should be preferred, for instance?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: I accept that, because in the third paragraph of the letter that was received by the Department of Finance from the then Northern Ireland Minister of Finance and Personnel, Mr. Wilson, he said “Subsequent to those discussions, I have received the enclosed letter from Brown Rudnick, who will be known to NAMA. They were instrumental in introducing me to two potential investors in the...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Is that the only correspondence that was received by the Department of Finance here from Mr. Wilson in relation to this matter, or were there follow-up conversations from him?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Could I ask Mr. Daly whether NAMA received any correspondence or representations from the Northern Ireland Department of Finance and Personnel on the matter?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: In relation to what Mr. Reid said where the letter dated 24 June 2013 was subsequently replied to on 25 July 2013 where this jurisdiction's Minister for Finance referred it on to NAMA. Did NAMA receive any further correspondence from the Department of Finance and Personnel in Northern Ireland?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: It did not discuss specific debtors.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: I accept that.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: So there was no specific correspondence from him.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: We do not know, with regard to his letter in respect of the two potential investors, if either was the successful party at the end of the day.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: One of the parties was PIMCO.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Was it ever attempted to find out the other party?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Why not?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Does the witness accept now that it would be in everybody's interest to find out the other party?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: Does the witness accept now that it would be in everybody's interest to find it out?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: I know that. We also know a letter was received. The company was instrumental in introducing NAMA to two potential investors interested in the NAMA loan book.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: I am not suggesting that it was. I want to find out if there were further representations made by the Department of Finance and Personnel and the former Minister, Mr. Sammy Wilson, about these two parties and whether they were successful.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: I know that.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
Patrick O'Donovan: If the Comptroller and Auditor General received a complaint from a Member of the Oireachtas, is he satisfied that he has the necessary resources and expertise to investigate it?