Results 10,021-10,040 of 21,440 for speaker:Mary Lou McDonald
- Leaders' Questions (19 Oct 2016)
Mary Lou McDonald: What about rent control?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: Cathaoirleach, I might try to be of some assistance here.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: Deputy Cullinane is not inviting any witness to make a remark or to suggest a finding of corruption against any individual. I think he has made that clear.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: We are talking here, in connection with this report, about issues of process-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: -----and conflicts of interest that are not matters of speculation but matters of established fact. Those facts are reflected in the Comptroller and Auditor General's report. All the facts can only lead to the obvious conclusion that the process had been compromised and corrupted.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: Corrupted. What I hear the Deputy asking in challenging Mr. Soffe, who referred to this point in his opening statement, is how on earth he is so against the grain of what is in the report, of what is a matter of established fact and of what is the view of the Minister and others.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: It is breaking the law.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: This is its assertion.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: Three weeks.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: Fáilte uilig anseo inniu. I want to start with the assertions the gentlemen who are welcome have made against others in the course of the proceedings this morning, some of which I want to explore with them. At different points of his opening statement Mr. Soffe questioned the credibility of the Comptroller and Auditor General. It echoed what Mr. Frank Daly had to say when he appeared...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: I will stop Mr. Soffe there. This is not the first occasion on which the defence of NAMA has been premised not on substantiated facts from NAMA but on what I regard as an outright assault on the Office of the Comptroller and Auditor General. I can give Mr. Soffe an example. In his statement, on page 7, he makes the following assertion: "The C&AG’s view on the management of...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: Then what is meant by that statement?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: I do not accept that, but we will come back to that issue. At another point of his statement, on page 6, Mr. Soffe states: "The Board rejects the C&AG’s unsubstantiated suggestion that serious credible bidders were excluded from the process." He is asserting not simply that people were excluded but also that there was an "unsubstantiated suggestion," as he puts it. In so stating,...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: We have had some witnesses appear before us and we will hear from more. One thing marks out the Comptroller and Auditor General and the report in that every assertion made, regardless of whether the witnesses accept it or not, is fully substantiated and, unlike NAMA, is actually backed up by what was an extensive trawl, consideration and examination of the material available to the office...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: I did not make reference to the discount factor-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: There has been quite a substantial discussion on that. I referenced in particular the issue of conflicts of interest and the issue of exclusion of credible bidders.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: I am sure Mr. Soffe also accepts that within the report of the Comptroller and Auditor General, views from other bidders who found the process to be unsatisfactory, to say the least, are given. They raised a series of concerns that were simply recorded by the Comptroller and Auditor General in terms of valuations and the very obvious fact that PIMCO had a head start on all other comers. I...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: What I am trying to get to is Mr. Soffe's acceptance of the facts as reflected by the Comptroller and Auditor General that a number of bidders and potential bidders were less than happy with the process NAMA ran. Can Mr. Soffe accept that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: -----throughout the text. Therefore, his assertions and observations are substantiated.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)
Mary Lou McDonald: That is not the question I put to Mr. Soffe. I put it to him that he has made a very serious charge against a constitutional office of this State that a report produced by that office was based on unsubstantiated suggestions and any reading of the report does not support that description.