Results 13,101-13,120 of 19,173 for speaker:Shane Ross
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: And the board is fully behind that, is it?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Which are all ministerial appointees, are they not?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Okay.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: One political appointee is as bad as the other as far as I am concerned, Mr. Daly.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: All right. We heard from the Northern Ireland committee this morning about material which NAMA sent to it, some of which was redacted. Why was it redacted?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Okay. I want to go through the whole competitive issue. We had three bidders which ultimately ended up being one. It looks very bad from the outside, and I think Mr. Daly will accept this. One pulled out, or was driven out and was told to withdraw by NAMA. That is what Mr. Daly has said.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: It withdrew?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Not quite.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: So basically NAMA took it off the pitch.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: What is Mr. Daly's take on it?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: What is Mr. Daly's take on it?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Okay. So one went off the pitch; one way or the other NAMA was not going to let it back.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: A second one made a bid which would not succeed because it was below the reserve.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Yes.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Then we have one which made a bid on the button of the reserve plus £1 million. Does Mr. Daly know what this looks like?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: It does not look like that to me.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: And I do not think it looks like that to a lot of other people.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Yes.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Does Mr. Daly ever look at these and wonder, and I do not suggest it happened in this case, whether this is just one coincidence too many? Did he look at this and say these guys are right on the button of the reserve, another lot came in at £1.1 and the other withdrew? Does he ever say this is a bit odd?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
Shane Ross: Does it ever occur to you that NAMA was the victim of a bit of a stroke?