Results 11,641-11,660 of 21,440 for speaker:Mary Lou McDonald

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: -----the then Minister, but Mr. Daly did more than just advise of an unsolicited approach by PIMCO. He advised that the board would consider the matter on 10 October with a view to possible further engagement, that the Minister, Deputy Noonan, and Minister Hamilton, as it was then, had discussed the matter at the recent meetings. Mr. Daly also invited feedback from the Northern members and...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: It is great to see that courtesy counts at times for you, Mr. Daly.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: I notice also from documentation provided to the committee in the North that Mr. Daly itemised the meetings that NAMA held with various officials and with Ministers in the North. What really jumped out at me here - 11 meetings are cited, I think, between January 2011 and 7 October 2013, the same day ironically as that Northern committee meeting - is that Mr. Daly was in attendance at them...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: There was and let me acknowledge that.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: The was on 7 March 2011.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: For the purposes of fullness of the record, absolutely. The footnote says this was an introductory meeting; that was in 2011, Mr. Daly is quite correct.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Can I just correct Mr. Daly, because it is not a case that on occasion Mr. Cushnahan showed up. On the list in front of me, Mr. Cushnahan was at every single meeting.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: And Mr. Daly considered that to be appropriate for members of the Northern committee.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Well, I will come to that in a moment. I note Mr. Daly also gave information in respect of conference calls between himself and the Minister, Simon Hamilton. Mr. Daly has three listed there, or, I should say, four, and a call that he made to Peter Robinson, or I should say the First Minister, Peter Robinson, on 3 April 2014. That is when the deed had been done and Cerberus had-----

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: How would Mr. Daly characterise his relationship with Frank Cushnahan?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Yes.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Is Mr. Daly still in touch with him?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Mr. Daly was on another board with him, were you not?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: A charity board.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Could Mr. Daly tell the committee about that charity?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Ciorani.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: When was Mr. Daly appointed to the board of that charity?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Late 2010.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: Of course, Mr. Cushnahan was also a member of that board.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Mary Lou McDonald: So you would have spent about three years----