Results 9,681-9,700 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 wonder if Mr. Falls was involved in that transaction.
- 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: It would be interesting to know. There was a personal relationship between Mr. Keinan and Mr. Falls. I am attributing nothing to Mr. Falls, whose name has not featured at all. Looking at the time line and how all of this happened, on 12 March PIMCO withdrew because it had rumbled that a fee was payable to Mr. Cushnahan and was uncomfortable about it. In fact, it got in touch with NAMA...
- 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: Its compliance people became anxious and made contact with NAMA. NAMA has asserted that PIMCO was told to leave the process, but PIMCO is absolutely resolute that it left because it was unhappy that there had been a breach of compliance. It is resolute on the matter. Did Mr. Keinan or anyone else at any stage say to Mr. Neporent that PIMCO had left or that it was told to leave?
- 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. Neporent tells us that on 14 March contact was made with Cerberus.
- 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: Then he passed it to Mr. Neporent. Is that correct?
- 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: On what date did it reach Mr. Neporent's desk?
- 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: St. Patrick's Day. How appropriate that it was on St. Patrick's Day?
- 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: According to Mr. Neporent, what transpired was that discussions were held in London. He stated, "Prior to engaging Brown Rudnick, the Cerberus legal and compliance team held discussions with Mr. Keinan and ... other partners at Brown Rudnick, including a partner based in London who had previously been ... head of enforcement."
- 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: Is it at that stage that Mr. Neporent figured out and looked for the assurances on the non-disclosure agreement and what could and could not be shared?
- 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; absolutely.
- 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.
- 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: Will Mr. Neporent repeat the gentleman's name?
- 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: Bibby.
- 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: At that stage, presumably, Brown Rudnick made it clear to Mr. Neporent that it had, in turn, availed of the services of Tughans in Belfast.
- 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: Cerberus had no issue with it and assumed it to be okay.
- 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 asked about Tughans. Cerberus was speaking to Brown Rudnick; the matter landed on Mr. Neporent's desk on or around St. Patrick's Day; he was looking for assurances and speaking to Brown Rudnick. He said Mr. Peter Bibby was involved.
- 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: Obviously, Brown Rudnick was being upfront with Mr. Neporent in saying it was availing of the services and had the co-operation of Tughans and that it had been working on 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: However, Mr. Neporent's testimony is that it never mentioned Mr. Frank Cushnahan.
- 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: Let me rephrase my question. Did Mr. Neporent ask Brown Rudnick about it or seek an assurance at that stage that Mr. Cushnahan would not be involved in the new scenario in Cerberus's dealings with Brown Rudnick?
- 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. Neporent did not name-check Mr. Cushnahan.