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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) (16 Nov 2016)

Josepha Madigan: I am not scoring points.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Josepha Madigan: When I read the statement, I think it is stark to see the gaps in it.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Josepha Madigan: I appreciate that Mr. McGuinness-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Josepha Madigan: I appreciate that Mr. McGuinness was not made aware of certain facts.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Josepha Madigan: Yes. My sole point is that I feel Mr. McGuinness should have taken steps to inform himself. There were conversations and I would be interested in having those-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Josepha Madigan: I am going to leave it at that. I thank Mr. McGuinness.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Josepha Madigan: I do not think that is a good enough answer. If we all engaged in the blame game-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: Suffice to say, I agree with Deputy MacSharry. I think this is potentially very explosive. There is a question of fabrication here, and who is telling the truth and who is not. It is quite shocking to read this letter. I would be looking for a detailed response from NAMA and also to bring its representatives - particularly Mr. Stewart, who has already given some evidence on this issue...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: I understand Deputy Cassells' point but we have to allow NAMA the opportunity to respond to this as well because we are not a court. I accept the chief executive officer put his name to this. NAMA has also given its submissions here. We need to be careful that we do not have people proven guilty until it is done.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: While I appreciate that, both sides are vociferous in what they are saying. We have to establish who is telling the truth, and that has not been established as yet.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: Does the Chairman not think that we should call Tom Rice before the committee to give his views on this letter?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: Sorry.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: Yes.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: I appreciate that.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: We must be very careful. I am not taking sides at all here, but looking at it very objectively, NAMA has come before the committee and given evidence, and we have a letter from Tom Rice. He states he will not give evidence on very serious assertions he put in his letter. If he cannot make it to this committee room, somebody else should be in his stead because he has put his name to this...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: That is optimistic.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: The Chairman gets my point.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: Other assertions come out during oral evidence-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: -----that are not always on paper. In the interest, as the Chairman said, of fairness, we should have somebody representing-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Josepha Madigan: We need somebody who will represent Tom Rice if he will not be here. Does the committee have the power to-----

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