Oireachtas Joint and Select Committees

Thursday, 26 November 2015

Public Accounts Committee

Business of Committee.

10:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

We will seek clarification, then. No. 3B(1) is correspondence dated 10 November 2015 from Mr. Patrick Coughlan of Mullingar, County Westmeath, re Castlemartyr resort, to be noted and published. We have had previous correspondence from Mr. Coughlan on NAMA actions in Castlemartyr. It now appears that information on local property tax payment by Mr. Coughlan was also available to third parties and to NAMA.

NAMA will not deal with us on individual cases but these issues have been raised directly with the committee by Mr. Coughlan in respect of this particular property. I believe NAMA should respond to us and deal with the issues that have been raised in so far as it can. I see nothing wrong with that. It has been brought to our attention. The various documents down through the last few months have been published, noted and sent on to NAMA. We have not received a detailed response to any of it. There are serious issues raised. We are not lobbying or advocating on behalf of this group or individual. We simply want to know what the position is. I do not see anything wrong with that, given that the former and-or current property owner at Castlemartyr has made his side of the story known to us. If necessary, we can ask NAMA to come before us and explain it. I believe we are entitled to a comprehensive response to the issues raised. I ask that we send the latest round of correspondence to NAMA and ask whether it wants to reply by letter or come before us on a particular day to give the explanations for all the concerns that have been raised here in public session.

I should point out that this is an issue for the Revenue Commissioners as well, so we can write to them. It is the same request: to please give us the information in correspondence or, if they feel more comfortable, to come before the PAC to explain the matter and be questioned on it. We can set that day before Christmas, it is not a problem.

No. 3B(2) is correspondence dated 17 November 2015, received from Mr. Éamonn Casey of Debt and Development Coalition Ireland. It has made recommendations for the PAC based on a report by the coalition. I do not know what coalition that is.

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