Results 13,661-13,680 of 20,797 for speaker:Alan Kelly

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: But it is the norm.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: That is interesting. That is a very important piece of information Mr. Long has given to us. My final question relates to the payments to Brown Rudnick and Tughans or its managing director, Mr. Cushnahan. Obviously, Lazard was not briefed on these.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: If Lazard had to be briefed on it, would it have changed its interpretation of the standard or quality of the marketing and sales process?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: I am asking Mr. Long's opinion. That is all. It is a fact that this happened. It is a fact that Mr. Long's organisation, for whatever reason critical to this process, was not told about it. In other words, in respect of his final conclusions as regards the sales and marketing strategy - an area in respect of which his organisation is a massive player worldwide - Lazard was not told about...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: That is not really it and this is a critical question. I am not asking Mr. Long to say how it would have been different.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: That is technically hypothetical because one could not expect that. There were too many dynamics going on. I just want to establish whether or not it would have been different. For me, it could not have been the same, surely.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: I accept that Mr. Long cannot say.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)

Alan Kelly: Okay. I thank Mr. Long very much for being so honest.

Written Answers — Department of Education and Skills: Minor Works Scheme (22 Nov 2016)

Alan Kelly: 235. To ask the Minister for Education and Skills if a school (details supplied) will be receiving the minor works grant 2016-17; when the grant will be processed; if not, the reason; and if he will make a statement on the matter. [36305/16]

Written Answers — Department of Education and Skills: Minor Works Scheme (22 Nov 2016)

Alan Kelly: 236. To ask the Minister for Education and Skills if a school (details supplied) will be receiving the minor works grant 2016-17; when the grant will be processed; if not, the reason; and if he will make a statement on the matter. [36321/16]

Public Accounts Committee: Business of Committee (17 Nov 2016)

Alan Kelly: I totally agree.

Public Accounts Committee: Business of Committee (17 Nov 2016)

Alan Kelly: The position could change, depending on the responses we receive.

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)

Alan Kelly: I welcome the witnesses. I have a question for Ms Finan. In her dual role as a member of the advisory committee, could she outline how declarations of interest were handled, because we have been given other evidence on this?

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)

Alan Kelly: We have that information. The issue is how they were handled at the meetings.

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)

Alan Kelly: Were all declarations given to the meeting or to the chair?

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)

Alan Kelly: Was this at the Northern Ireland advisory committee?

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)

Alan Kelly: Is the witness satisfied that the declarations of interest at the meetings were handled appropriately?

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)

Alan Kelly: The witness is happy that everything was handled appropriately.

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)

Alan Kelly: I will move on. The NAMA paper to the board relating to the proposal for the block sale recommended a minimum price of €1.3 billion for the sale, but it did not say that this was would achieve the best available or achievable return. Did that not concern the witnesses?

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)

Alan Kelly: I would have thought it was the best achievable return.