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Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Okay, we will come back to that point but-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: I know but the Minister should be conscious that-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: We have time constraints, which is the issue here.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Okay.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: I know but once we get the gist of it I am not going to pursue the Minister on it.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Do not worry, if I need to I will. With regard to dealing with NAMA, it has quoted the Department as saying that the standard of expertise and experience of staff at the Comptroller and Auditor General's office is questionable with regard to how they performed when looking at this sale. How does the Minister feel about that and is it reflective of the Department's view? Has the Department...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Why would NAMA, in that reference to the Department of Finance, feel there was not that level of competence, expertise or staffing in the Office of the Comptroller and Auditor General to carry this out to the level required?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: But they are not in charge.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: No, that is incorrect and is factually inaccurate.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: I am trying to get to the bottom of how NAMA is inferring the departmental officials did not believe there was enough expertise and staff in the Office of the Comptroller and Auditor General to do this type of work. Does the Minister stand over this or is NAMA incorrect in its statement?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: There are officials here.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: In regard to what?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: It is a reference that basically questions the capacity of the Comptroller and Auditor General's office from a financial point of view.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: But it was referencing the Department.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: I must move on, unfortunately, but some of my colleagues or I will come back to this point later. I have a number of other questions. That to me opens up a whole other can of worms with regard to issues. I am sure the Minister will agree it is quite unfortunate that this document was leaked four days before it was due to be published. Will the Minister offer any observations as to how...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Yes, four days beforehand.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: It is a pretty scary situation that somehow this information was leaked four days before it was to be published.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Fair enough. Can the Minister establish some facts with regard to how he and the Department interacted with NAMA? How often would his Department meet with NAMA and how were those meetings documented?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Run of the mill?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)

Alan Kelly: Yes, but I am asking whether Mr. Reid is satisfied that all documentation to do with this matter was clear. We have already encountered an issue with a lack of detailed documentation. I am trying to establish whether we have a similar issue regarding what we will be discussing in the next few hours.

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