Results 9,361-9,380 of 21,440 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: If Mr. Daly does not mind, there is an account of events in the notes where Mr. Hanna asks clearly about other options.

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: Was that Mr. Hanna seeking the acquiescence of PIMCO?

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: When did Mr. Daly discuss this with Mr. Hanna? He has to have spoken to him to have taken this view of what happened.

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: Did Mr. Daly not speak to him?

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: Sticking to Mr. Daly's assertion that PIMCO were saying, "Hey, we have a problem here. It is a big problem. Did you know about it? Oh, you did not know about it. Can we stay in? Will you look the other way? Is there some other shape or arrangement"-----

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 PIMCO checking everything.

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: Of course and they contest that. In the letter they wrote to us, they believe that Mr. Daly's colleague, Mr. Stewart, during his last appearance before the committee, more accurately reflected what happened. As far as they are concerned, they did not attempt to hang in there, stating: "PIMCO has been disappointed that PIMCO's withdrawal from Project Eagle has been repeatedly...

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 evidence does not suggest that. That is a bizarre and odd way to-----

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: Hold on. I am aware it is the transcript of the phone calls. It is PIMCO saying, "Here is the problem", and at every stage, they are saying, "We are not sure we can stay here". Finally on 12 March, they say, "We are gone". That is the sequence of events.

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: If that is what Mr. Daly is going to say, that is what he is going to say. We received correspondence-----

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: We have correspondence from Mr. Hanna. When did he resign from NAMA?

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: What was his reason? Was that for personal reasons as well? Can Mr. Daly recall?

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: When he wrote to us, he said he could not appear before the committee and that he "remains under a statutory duty of confidentiality arising from my former employment with NAMA. I have not received any communication from that organisation that I am at liberty to divulge details of any activities in which I was engaged while in their employ". Is that the case?

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: Were he seek to it, would NAMA be minded to facilitate him in that regard?

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 committee should pursue this with Mr. Hanna. He is citing the fact of his arrest on allegations of bribery, misconduct in public office and conspiracy to defraud as the second reason he cannot appear before the committee.

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: We have the correspondence, which the committee dealt with earlier

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: Shall I read it for 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 more than happy to read the entire letter or to give it to Mr. Daly to read. He cites that arrest as a reason for not being here.

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: What is a matter between NAMA and him is the duty of confidentiality. Perhaps we could pursue that with NAMA with a view to having to some level of input, even if it is in written format, from Mr. Hanna. I have two other questions.

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: God bless him.