Results 13,801-13,820 of 26,534 for speaker:John McGuinness
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: It would be helpful for the meeting if we had a copy. Deputy Ross is the next speaker.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: I know. I was just indicating to Deputy McDonald that Deputy Ross will be called first.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Maybe we will hear Mr. McDonagh's statement next. I suppose it will clarify what we had and what had been given to us. I reiterate that a copy of the memorandum of understanding is not here. Perhaps it can be copied for the members. I would like to raise one other question for the purposes of clarification, seeing as we are sharing the documents. Are the minutes of meetings of the...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Yes.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: I think it would be helpful.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: We just want them for the purposes of this meeting.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Yes.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: If Mr. Daly could provide that information-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: It would be helpful to know who attended-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: -----and how this sale was managed, thought of or spoken about.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Okay.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: It would be helpful if that could be done as soon as possible. Deputy McDonald wants to come in on this matter.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Yes. I call on Mr. McDonagh to make his opening statement.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: May we publish the statements?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Yes. We will wait for members to conclude their consideration of the letters and the memorandum of understanding. On the first point, that the third party release all corporate and personal guarantees as security, is there a list of who would benefit?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Was Mr. Daly not curious about whom it might benefit?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: I can understand that, but it is a nice little arrangement, although I am not saying anything about NAMA.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: The first point made in the memorandum of understanding is that the third party should release all corporate and personal guarantees as security of borrowers and related parties. Out of curiosity I would have been inclined to look at who would benefit. I understand it was the borrowers, in the first instance, but was there any other reason? I may just be suspicious that this would have...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: Are members finished with the letters? I want to move to Deputy Ross.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)
John McGuinness: We have asked for those.