Results 15,381-15,400 of 21,499 for speaker:Mary Lou McDonald

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Perhaps Mr. Daly cannot comment on that and I might turn to Mr. Moran.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: I would. I would wonder at that. Where there is no file, these allegations are utterly baseless, and somebody goes to considerable trouble to put together a dossier and, as they describe, drip-feeds it to Members of the Oireachtas, I would consider that an attempt to play Members. Deputy Micheál Martin raised a specific issue on this freedom of information request on Leaders'...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: We differ radically on this point.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: As long as issues of that nature are not up for scrutiny by people such as us, then there is an obvious and fundamental issue of accountability. It is NAMA's bread and butter - what it does on a day-to-day basis - and we will have to agree to differ on that point. The agency has a very high level of staff turnover. At a previous meeting, we discussed what constitutes an appropriate...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: That is very informative. However, I must ask the question again. What, if any, contacts have there been between former employees and NAMA or NAMA developers with regard to the acquisition of NAMA properties?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: I am not asking-----

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Okay, let us move it along then.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Absolutely.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Okay. Taking all of that into account, will Mr. McDonagh answer my question? To his knowledge, how many such contacts have taken place?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: How many and what is the frequency involved?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Does Mr. McDonagh see a problem with that?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: So it is not problematic for Mr. McDonagh that someone could work for NAMA, leave and take up employment in a different capacity with another firm and then be involved in contacts with NAMA-----

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Well that is the matter about which I asked Mr. McDonagh.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Mr. McDonagh would not regard the insider knowledge-----

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Mr. McDonagh might not view people leaving NAMA, not serving proper cooling off periods, going to work for wealth funds or whatever and then, by some other means, being involved with going back to NAMA and acquiring properties as being problematic. However, in terms of the credibility and standing of the organisation, I strongly suggest to him it is a problem for members of the public and...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: I feel as if I am on the set of an Agatha Christie drama. I will start with you, Mr. Daly. You indicated in your statement that the board investigates every allegation of impropriety. You indicated four complaints made to An Garda Síochána, two relating to former employees and two in respect of debtors. How many complaints or allegations of impropriety has the board considered...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Both because you stated very clearly that it is a role of the board to investigate every allegation of impropriety.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: What was the nature of that allegation?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Can you give a fuller description than that?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Mary Lou McDonald: Over the course of four years you have investigated five allegations of impropriety which have resulted in four referrals to An Garda Síochána. That is the net point.