Results 8,981-9,000 of 21,149 for speaker:Mary Lou McDonald
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: No. We have one set of minutes that say-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: -----something quite explicit.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: I am not prepared to engage in a kind of Tomfoolery that we can make words mean what we want them to mean. This is the minute of NAMA's board meeting. The minute reflects very clearly and chimes precisely with the information that PIMCO gave us that negotiations around this arrangement between Brown Rudnick, Tughans and Frank Cushnahan. Mr. Daly knew everything. Mr. Daly knew a lot about...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: Plus he did not make any disclosure of his involvement in what had been going in April 2013. That is what the minute says.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: And April 2013.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: I find that astonishing. It is in NAMA's minutes but the witnesses have flatly contradicted them.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: They are 13 March 2014.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: The reference is on, just to keep the Cathaoirleach-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: Yes. The issue of contention, and I pursued this matter, as did other colleagues, with members of the Board. Mr. Ellingham suggested initially that the April 2013 reference was a typo.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: So it is not a typo.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: It is in there. NAMA is having that discussion. That date is given to the witnesses. Mr. Daly has said it was in a general sense of when the discussion around Brown Rudnick happened. The minute does not say so. It says that NAMA was discussing the success fee or fixer's fee and that discussions around that commenced in April 2013, as part of the overall architecture of the deal.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: That is what the minute suggests.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: I am not saying that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: Just mark this. That is not what I am suggesting.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: Excuse me, Mr. Daly.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: I am not saying that NAMA knew in April 2013 what Mr. Cushnahan was up to. I am saying that in March 2014 NAMA was made aware retrospectively of what Mr. Cushnahan had been involved in. One might ask why does that matter. It matters a great deal because it means that Mr. Daly's initial defence of why NAMA was inert and did not act in respect of Mr. Cushnahan saying, "Sure, he was gone...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: That is what the minutes tell us.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: Who did NAMA report that too, Mr. Daly?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: On what date did NAMA make that report?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Mary Lou McDonald: Which was, of course, the correct and appropriate thing to do.