Results 14,101-14,120 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 (29 Sep 2016)
Alan Kelly: I need to get on the record that Mr. Daly is 100%-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: We can come back to that as needs be. When did NAMA tell the Department of Finance about the success fees and PIMCO?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Did Mr. Daly ask them for any advice, subsequently?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Did they offer any advice, subsequently?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Was there surprise?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Was there shock?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Did Mr. Daly feel - I accept this is subjective - that as a result of that the Department would be taking action or would be referencing that into the future? In other words, it would feed into the political context of the Department.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Okay. In regard to the same Department, did Mr. Daly have any conversations on the Comptroller and Auditor General and the standards of expertise staff etc. as a result of the engagement process over the four different report versions that he saw?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: There were discussions on the expertise and competence of the Comptroller and Auditor General .
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Did the Department officials express any opinion on which Mr. Daly would like to elaborate?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: In regard to Lazard - we will have to come back to this issue eventually - the fact that it received £4.3 million for a role that was very confined in comparison with the roles of organisations of similar type in regard to other projects is perplexing. Why was it not involved in portfolio valuations and the sales process? Why was it not asked to be involved in that process? Why,...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Why was Lazard not briefed on the objective of the loan sale?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: In detail?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Verbally?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: We cannot see any documentation to that end.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: But it is not available to us.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: Has anybody seen it?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: It sounds like soccer.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: The committee has not been provided with documentary evidence in that regard. That is a problem. Fortis made it to the end but it was not involved in the first or second call. Mr. Daly has eloquently stated that 80% of potential investors were invited to engage in the bidding process. Fortis was not invited to do so on the first or second occasion. If the process was exhaustive and...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)
Alan Kelly: That is not my question.