Results 32,921-32,940 of 36,274 for speaker:Pearse Doherty
- Written Answers — Department of Finance: Pension Provisions (25 Oct 2012)
Pearse Doherty: To ask the Minister for Finance if he has information and if he will provide a breakdown of the number of persons who claimed tax free lump sums in 2011 in the following categories, under €50,000, €50,000-€75,000, €75,000-€100,000, €100,000-€150,000, €150,000 - €200,000, €200,000 plus. [46951/12]
- Written Answers — Department of Finance: Fiscal Policy (25 Oct 2012)
Pearse Doherty: To ask the Minister for Finance the macro economic stability and debt sustainability analyses if any that have been undertaken in which an assumption is that the promissory note is not repaid; and if he will make a statement on the matter. [47085/12]
- Written Answers — Department of Finance: Fiscal Policy (25 Oct 2012)
Pearse Doherty: To ask the Minister for Finance the analyses being done in the view of the International Monetary Fund World Economic Outlook note on multipliers to establish the short term multiplier for Government spending here; and if he will make a statement on the matter. [47086/12]
- Written Answers — Department of Education and Skills: State Examinations (25 Oct 2012)
Pearse Doherty: To ask the Minister for Education and Skills if he will provide the data in relation to the number of applicantions that have been submitted to his Department for secondary school students with special needs who may have special arrangements made for them while sitting State examinations in 2013; if he will provide data regarding the number of applications for special accommodations submitted...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: That is NAMA's position but it means NAMA is not pursuing certain developers, who owed the loans, for the full value of the loan. This means NAMA has cut its cloth and has decided it was not going to get back the full value and so it will sell off the loans. In my example of a loan of €100 million taken out from Anglo Irish Bank or wherever, purchased by NAMA for €40 million...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I will try to finish up on this point. When NAMA was set up by the previous Government, there was a lot of outrage. I do not blame the officials of NAMA, who are charged with securing a return to the State. There was outrage that developers were going to walk away with a reduction in the debt they owed to banks such as AIB, Anglo Irish Bank and Bank of Ireland. It was categorically said...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I shall pick up on Mr. Daly's earlier contribution. Is this the second investigation into a member of NAMA? How many current members of NAMA are suspended or have been suspended in the past?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: That is okay. Has there only been one other investigation in NAMA?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I seek clarification. Mr. Daly mentioned earlier that this is only the second investigation in NAMA. I want him to clarify that there have been no other investigations regarding staff in NAMA since its establishment.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: My question was not on current investigations because I did listen to what Mr. Daly said. My question relates to the operation of NAMA. Since it was founded, have there been other investigations and suspensions within NAMA? I know there are two current investigations. What about in the past?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: That is fair. The people are entitled to due process. There is a predication of due process.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I appreciate that. With regard to the sale of loans to ICG-Longbow, NAMA's former head of lending is now employed with the company. Can the delegation inform us whether ICG-Longbow approached NAMA or was it the other way around? Were the loans offered competitively?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I do not want to cast aspersions on NAMA staff or former staff members. There is a Garda investigation into an existing member of NAMA who gave out sensitive information. There is a practice of former members of NAMA at a very senior level moving on. I am talking about the head of lending who now works for a company that bought loans off NAMA in the past. Now we know that the company...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I am worried about the practice of people moving from NAMA to companies that have bought from NAMA. How do we ensure that information is not passed on before people take up employment in companies? I encourage NAMA to examine the matter in more detail. I shall deal with some smaller issues. NAMA has demolished one housing estate so far, the Gleann Riada housing estate. It was...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: Can Mr. McDonagh identify it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I wish to make two final points. At the last committee meeting we discussed developers and their wages. I know that the delegation dealt with the issue, in some form, earlier today. At the last meeting, Mr. Daly said that one or two developers received in excess of €200 in wages.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: Yes. I wish it were €200. They received an annual wage of €200,000. Can Mr. Daly inform the committee whether NAMA has successfully reduced the wages for those individuals? I know that he made a general statement but I would appreciate if he could inform the committee about those individuals.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I do not accept that. We are pressed for time and I shall move on to another substantial issue. NAMA informed the Minister and he informed me through his reply to my parliamentary question that NAMA has sold off €1.9 billion in loans so far to date. I pursued the same line of questioning on debt write-down or debt forgiveness for developers with the delegation at our last meeting....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: I welcome our guests. There are a number of topics I wish to go through and I will try to be as brief as possible in questioning. I understand the restrictions with regard to Mr. Farrell and those activities. Who brought it to the attention of Mr. Daly that Mr. Farrell had bought a NAMA property?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Pearse Doherty: It is clear from today's presentation that if it were not for the media inquiring about the issue, it would possibly not have been addressed by NAMA. That issue led NAMA to discovering that sensitive commercial information had been taken and was released to the person's wife and potential investors in NAMA. If there had not been a media focus on NAMA, this would never have come to light....