Results 9,401-9,420 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: There are no minutes or notes for either meeting.

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 there were other meetings that happened as well. On 25 March there was a meeting at the Assembly. Cerberus met Mr. Peter Robinson.

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: Do the witnesses know anything about 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: Do the witnesses know who organised that meeting?

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 they get any feedback from that meeting?

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: None whatever. This is all a mystery to the witnesses.

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 came up with the name "Eagle"?

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: Quite possibly. To finish I will ask the following. Why was Mr. Cushnahan in line for £5 million?

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 success fee. The witnesses have cited knowledge of the market and how these things work. Just bear with me. Brown Rudnick, a legal firm and strategic adviser, is a big operation. Tughans brings the localised element to this and so on. I get that so I am not asking for an explanation in terms of those two parties. I can accommodate that in my head. What about Mr. Cushnahan?

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 want to try to be helpful with this so there is a concept around this. Mr. Neporent was quite explicit, as I noted earlier. In his view, £15 million was the price tag on debtor information and access to movers and shakers. These are decision-makers in the North and also in the South. That was his position. We know, along with the witnesses, that Mr. Cushnahan had a specific...

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 accept that of course he could have sourced it from other places. I do not dispute that. Cerberus was absolutely clear - Mr. Neporent did not put a tooth in it - in saying that £15 million was the price tag for debtor information. He was quite specific in detailing abstracts on debtors and loans, guarantees and potential business plans. It seemed to be quite a body of work. It was...

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: Here is the question for NAMA. Given that part of its conditions as agreed with Lazard, and we have heard from Mr. Long, was the prohibition of such contact between bidder and debtor and given that Cerberus got access to that type of information, and let us accept that NAMA was not the source of it, did that not really compromise matters and confer an advantage on Cerberus over the last...

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: Accepting what the witness is saying, it is also true to say that it was coming from a person who was on the northern committee of NAMA and who had an association with NAMA. Is that not the problem?

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: He did not need to get it 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: The witness does not sincerely believe that scenario.

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 know all of that. I also know there was £15 million worth of something for Cerberus. There was £15 million worth of information of some type which it felt attractive and necessary enough to give it the edge. That is the reason it handed the money over. It was not out of the goodness of its heart. I have not seen the data so I cannot-----

Written Answers — Department of Social Protection: Social Welfare Benefits Eligibility (24 Nov 2016)

Mary Lou McDonald: 128. To ask the Minister for Social Protection the reason a person (details supplied) is not entitled to any social protection payment; and if he will make a statement on the matter. [36621/16]

Written Answers — Department of Health: Hospital Services (24 Nov 2016)

Mary Lou McDonald: 176. To ask the Minister for Health the status of the situation at the Mater Hospital following an orthopaedic surgeon going on leave due to health reasons; and the status of finding their locum replacement [36598/16]

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)

Mary Lou McDonald: I welcome Mr. Long. He had not worked with NAMA prior to the sale of Project Eagle. This was his first engagement with them.

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)

Mary Lou McDonald: -----advisory panel.