Results 9,481-9,500 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) (10 Nov 2016)
Mary Lou McDonald: The public needs to know this. There has been such a hullabaloo. One would swear Mr. McCarthy had made the most outlandish of accusations in citing a probable loss when, in fact, NAMA officials have conceded the point repeatedly at an audit committee meeting. Was that not all a journey up and down hill and vale for nothing? I just wanted to see if he had an explanation for that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: As a layperson with no accoutring expertise, am I correct that it does not take from the fact that there was an anticipated and a real loss, whatever way it was reflected in accountancy terms?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: I thank Mr. McCarthy. I just wanted to confirm that. We will hear from Department of Finance officials next and we have had sight of a letter that was sent to Mr. Harkness in the Comptroller and Auditor General's office from Ms Ann Nolan. She raised a couple of issues with the Mr. McCarthy and challenged his assertion that NAMA did not seek formal external advice on its sales strategy. She...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: For clarity, because I can see it was not in the letter, Mr. McCarthy is stating that contrary to the evidence given here on 6 October, in fact the discount rate was not raised.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: I welcome the witnesses. Ms Nolan has been before us before. Who wrote the script she delivered? Did she write that herself?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Does he write the Minister's scripts as well?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: I am struck by the singular style of writing. Ms Nolan has given us a comprehensive overview of the NAMA Act, for which I thank her. Can she give us a word that describes in her mind the role of the Department of Finance in its interaction with NAMA? Is it "watchdog", "overseer" or some other word?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: To whom and for whom does the Department provide that strategic oversight and overview?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: The Department has told us before that it has regular interactions with NAMA.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Who carries out those interactions? Is it Mr. Reid?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Mr. Reid is the NAMA person. Do some of those interactions include Mr. Reid being part of or attending NAMA audit committee meetings?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Mr. Reid has no involvement?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Does he get reports from the audit committees?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Does the Department get copies of the board minutes?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Can the witnesses describe to me the dynamic of the interaction with NAMA? What information does it get? What raw material does it have access to and sight of? Perhaps Mr. Reid is best placed to help me.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: So the Department would not have access to the kind of documentation we as a committee have sight of in the course of this examination?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Tell me then, when this briefing pack was put together on 11 July 2015------
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: This is the one I have. It is dated 11 July. Where did the Department get the information to put this together?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: It is a fairly comprehensive piece. It zeros in. Obviously, it is about Project Eagle, because that is what we are here to examine - the Comptroller and Auditor General - and that goes through everything, including the issues that are outside the remit of the committee, the crime agency investigations and so on. It deals with the withdrawal of PIMCO, the circumstances of the withdrawal of...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)
Mary Lou McDonald: Who gave the Department the run-down on the withdrawal of PIMCO?