Results 9,541-9,560 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) (17 Nov 2016)
Mary Lou McDonald: I thank Mr. Mulcahy for that assistance. I want to point to the fact that-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Thank you. There was a discussion earlier about the memorandum of understanding. I think it was put directly to Mr. Corrigan and he replied that he did not know or hear tell of the memorandum of understanding, but I am pointing out that while he may not have seen that document, there was certainly an understanding or a discussion around the possibility, if not the probability, of...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: In a consensual manner. Of course, that would be extremely important, would it not? As Mr. Mulcahy said earlier, he was surprised that anybody came along to purchase this portfolio. He was astonished if not verging on being disparaging towards the North of Ireland, but how and ever, he was surprised.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: I do not wish to get bogged down in that. Obviously the issue of the mindset of the debtors and how they might have behaved would be critical to anybody considering purchasing the portfolio.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Okay. Let me remind Mr. Mulcahy that when he was talking about the transaction earlier, he said it was inspired. He was clearly relieved and delighted as a board member that a buyer was found. He instanced several times the issue of debtors and said they were "unusually difficult" in the North. What does he mean by that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: No. What does "unusually difficult" mean?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: They were not playing ball and producing business plans and going along with the process.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Where is there a record of those interactions with the Northern debtors? Who has that information?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: I understand that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: So Mr. Mulcahy did deal with some of the Northern debtors?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: First, let me clarify, where is the paper trail or who has the documentation in terms of those difficult problematic interactions with Northern debtors? There obviously is documentation somewhere.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: However, Mr. Mulcahy cannot point me directly to a person?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Excuse my ignorance, but who was in charge?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Mr. Ronnie Hanna was in charge of dealing with Northern debtors because he was in asset recovery.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Yes, but the reason I am harping on about the North of Ireland is because we are clearly discussing Project Eagle. Let us confine ourselves to that. Mr. Ronnie Hanna was in charge of that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: For the purposes of Project Eagle, I am interested in the North. Mr. Ronnie Hanna is the person in charge of interactions with debtors. Clearly, Chairman, Mr. Ronnie Hanna and whoever he assigned within NAMA has paperwork to demonstrate the volatility or the difficult relationships with these debtors. Will Mr. Mulcahy tell me about his dealings with Northern debtors? Who were they and...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: Mr. Mulcahy can tell me what his dealings were about.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: What was the nature of Mr. Mulcahy's dealings with these debtors? Why was Mr. Mulcahy dealing with them?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: How many?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Mary Lou McDonald: How many debtors were there in total? May I ask the Comptroller and Auditor General to remind us of the total number of debtors?