Results 7,661-7,680 of 8,073 for speaker:Peter Burke

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: I am not saying that it is, but is it not good business practice to put adequate safeguards in place when having an initial meeting and putting a document together? A detailed note should have been taken of the initial meeting. I am concerned about this but Mr. Long does not seem to be concerned.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: Lazard, as adviser, was a party to the initial meeting. We are trying to assess what NAMA and Mr. Long's company were thinking at the time. Lazard put together a document on foot of the conversations that were held but it would be good practice and ensure that all parties were safeguarded to have detailed and clear minutes of the meeting, given that it had such a high profile and involved...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: Mr. Long believes that it should have.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: If Mr. Long was doing it all over again, surely he would agree that this would be good practice. That is a straightforward question. We are discussing putting adequate safeguards in place.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: When Blackstone, Starwood and Oaktree were admitted, were any advised by NAMA as potential clients or was it done through Lazard?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: Were those three suggested by NAMA?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: The source was Mr. Long's company.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: And then they were discussed.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Peter Burke: We have seen the matrix in terms of due diligence and financing in respect of particular bidders. How does Lazard assess a client that is capable of purchasing a major portfolio? What does Lazard ask it to prove in terms of funding arrangements? For what documentation does it generally ask?

Written Answers — Department of Justice and Equality: Direct Provision Data (22 Nov 2016)

Peter Burke: 117. To ask the Minister for Justice and Equality if she will provide information on a direct provision centre (details supplied); and if she will make a statement on the matter. [35744/16]

Written Answers — Department of Social Protection: Social Welfare Appeals Status (22 Nov 2016)

Peter Burke: 291. To ask the Minister for Social Protection if he will expedite a review or appeal for a person (details supplied). [36077/16]

Written Answers — Department of Health: National Lottery Funding Applications (22 Nov 2016)

Peter Burke: 433. To ask the Minister for Health when the grant under the national lottery grant scheme which was awarded to an organisation (details supplied) on 27 July 2016 will be paid. [36066/16]

Written Answers — Department of Agriculture, Food and the Marine: Basic Payment Scheme Administration (22 Nov 2016)

Peter Burke: 490. To ask the Minister for Agriculture, Food and the Marine when new partnership farmers will receive single farm payments; the reason there has been a substantial delay with all payments made to those who have recently entered into farm partnerships; and if he will make a statement on the matter. [35803/16]

Written Answers — Department of Agriculture, Food and the Marine: Basic Payment Scheme Applications (22 Nov 2016)

Peter Burke: 491. To ask the Minister for Agriculture, Food and the Marine the reason a person (details supplied) has received no basic payment or areas of natural constraint payment to date; and if he will make a statement on the matter. [35804/16]

Written Answers — Department of Agriculture, Food and the Marine: TAMS Applications (22 Nov 2016)

Peter Burke: 497. To ask the Minister for Agriculture, Food and the Marine the status of a TAMS application by a person (details supplied); and if he will make a statement on the matter. [35871/16]

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Peter Burke: I will be brief. The witnesses stated there was not an option to work out the loans together with the supporting for the discount rate. This is where the issue is confused. All the back-up work done in respect of NAMA's formal strategy and the information in Appendix C, which was produced to the board on 12 December 2013, indicate that the work-out period was to 2020 and this is in line...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Peter Burke: Whichever one of the witnesses wishes.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Peter Burke: Clearly the Comptroller and Auditor General has to make a call on the valuation on the evidence presented to him. Based on that evidence, it does not indicate any departure from the strategy or the 5.5% discount rate for this specific project. The only other analysis is a lower analysis at 2.5%. One of the witnesses said they disagreed with the significant probable loss. It is very clear...

Written Answers — Department of Health: Services for People with Disabilities (17 Nov 2016)

Peter Burke: 218. To ask the Minister for Health the status of a business proposal brought forward to him by the HSE relating to a centre (details supplied) being designated as a centre for an acquired brain injury unit; and if he will make a statement on the matter. [35630/16]

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)

Peter Burke: I thank the deputy First Minister for taking the time to attend this meeting of the committee. I want to deal explicitly with facts. I am not interested in opinions in respect of Mr. McGuinness's opening statement. I want to begin by asking about the phone call or notice he said he received from the Minister for Finance in the Republic of Ireland, Deputy Noonan, of his intention to sell...