Results 121-140 of 386 for nama speaker:Catherine Connolly
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: NAMA can sort out this mess afterwards. I am reading what I was given. I was given this through NAMA's documents and so I will stick to what NAMA gave.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Chairman, if you could bear with me, I will go through the documents I have. NAMA can come back and correct the record. This is the document-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I do not know anything about a correction, so I will continue on for a moment and we can come back and NAMA can correct it. What I have here is dated 10 March, that NAMA gave-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: They keep doing this and it is extremely difficult. I will ask for more time. I have a record given by NAMA. On 10 March-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: It states that Ronnie Hanna "outlined that the Frank Cushnahan issue was a major issue for NAMA". What is written here is 10 March.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I am not asking you that question. I have got what NAMA gave me, which outlines record 1, 2, 3 and 4. In which of those records are those e-mails reflected?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Absolutely, I would be delighted. There are all the records, because NAMA furnished them. Mr. Stewart can clarify them for me.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: There is a lot more than a labelling issue. Record 1 outlines that PIMCO brings it to NAMA's attention-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Well, okay. In relation to the actual report, does NAMA now accept this report, because I am a little confused from the answers today? Does it accept this report and the concerns set out in it in relation to how it handled the conflict of interest, the concerns raised in relation to the sales process, and so on? Does it accept it, "yes" or "no"?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Before Mr. Daly passes on from that, in case I forget it on the second issue, the Comptroller and Auditor General's report has never said that NAMA should have held on. Does Mr Daly accept that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Can I come to the conflict; first the second one? He is not saying that NAMA should have held on. He has looked at those as two possible alternatives. He did not say which one NAMA should pick? Is that not clear?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Mr. Daly, please, in the interest of clarity, the Comptroller and Auditor General never once said that NAMA should have held onto those assets. Is that correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: He did not say NAMA should have held onto them. He never said that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: ...us take the conflict of interest, which is not a die-in-the-ditches one. He said clearly that more effort should have been made to follow up when Mr. Cushnahan and the conflict of interest came to NAMA's attention. NAMA decided it would not do that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Did NAMA follow up and ask Mr. Hanna any questions after it found out about Mr. Cushnahan?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: What did NAMA ask him?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Did NAMA ask Mr. Hanna if he had any knowledge of this?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: Did it worry him? Please, do not tell me about the assurances NAMA sought. I have read those. Did it worry Mr. Daly that the same solicitors were now going to Cerberus?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: I have one or two points to finish. Why did NAMA not ask Cerberus at the time about breaches?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)
Catherine Connolly: ...He did not use these words, but that was my interpretation because at the end of the day PIMCO was not the successful bidder. Finally he said PIMCO had had an advantage. Do the representatives of NAMA accept this?