Results 8,901-8,920 of 14,090 for speaker:Marc MacSharry
- 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)
Marc MacSharry: It has nothing to do with that. We are obviously talking about Project Eagle.
- 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)
Marc MacSharry: The context today is, very specifically, Project Eagle. Last week, I questioned Frank Daly on it and he said he did not operate in a bubble but had to be cognisant of the situation in Northern Ireland. Would there have been contact with the Minister, the then Prime Minister, David Cameron, and President Obama when it came to the disposal of assets in London or New York?
- 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)
Marc MacSharry: Is Frank Daly's statement available to us?
- 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)
Marc MacSharry: It was in his opening statement. He specifically said the board had decided to listen to the wishes of both Governments. I am interested to know-----
- 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)
Marc MacSharry: So I was not misquoting.
- 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)
Marc MacSharry: Indeed. Would it concern the Minister that NAMA was selective in the information it provided to Lazard in seeking the expert advice to which the Minister referred in terms of the fact that it did not inform Lazard of a fixer's fee intended for Mr. Cushnahan.
- 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)
Marc MacSharry: In the Minister's experience, would he have a comment? Would he say that it seems a bit strange, that he would not be entirely happy with it or that he is totally happy with 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)
Marc MacSharry: Based on the Minister's first experience, what is his view?
- 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)
Marc MacSharry: So it is perfectly okay.
- 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)
Marc MacSharry: Indeed, I am trying to get answers, but I am not getting them.
- 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)
Marc MacSharry: No, I have to conclude-----
- 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)
Marc MacSharry: In the absence of an answer, we have to go with what the balance of probability points to. The balance of probability is that the Minister does not have a view.
- 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)
Marc MacSharry: The legal teams of PIMCO switched to Cerberus, as is now known. At what point were the Department or the Minister made aware of 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)
Marc MacSharry: After the fact. Would we have a view on 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)
Marc MacSharry: Would NAMA have sought letters of comfort?
- 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)
Marc MacSharry: Did NAMA provide the Department with any proof of competitive tension in the sales process after PIMCO's exit from the process?
- 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)
Marc MacSharry: Was any correspondence sent to the Department of Finance or the Minister, at the time or since, by any entity either to complain or to highlight that it felt aggrieved about being excluded from the process or not being able to get into the process or about how the process was run?
- 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)
Marc MacSharry: Would the Department be aware that Fortress has retained Slaughter and May, a London law firm, to examine the process and purchase by Cerberus?
- 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)
Marc MacSharry: Is it a concern for the State that we could face legal action regarding how the process was carried 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)
Marc MacSharry: I am sure the Minister will agree that the complexion of all this, from a taxpayer's perspective, is very grubby.