Results 2,001-2,020 of 15,555 for speaker:Eoghan Murphy

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: So we inflated the price to make a good impression?

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: Somebody came to NAMA from the private sector looking to invest in this and NAMA said we will sell it to ourselves for more.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: It is the price NAMA paid because it had the money.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: NAMA sold it to itself though.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: NAMA provided the finance for other people to buy it from NAMA and brought the price to €35 million by getting involved.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: It is a false market if one is buying from oneself.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: It is not false market, it is a commercial decision by the buyer and NAMA about whether we want to do business. At the start of last year nobody was queueing up to buy assets in the Irish market. Initiatives we are engaged with are bringing activity and investors to the Irish market. No one was queuing up so NAMA decided to queue up for itself.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: Is this an example of the State getting involved in a market that it controls because it controls the product it is selling?

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: We have had this previously with another agency which had a mandate to perform a role in a particular part of Dublin. It decided to get involved in providing financing and acquiring loans and it worked out poorly for us. NAMA is dealing with the legacy of that.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: NAMA is a commercial operation but the risk falls on the State. The agency provides vendor financing to bring other people to the table but it has only brought itself to the table. Mr. Daly referred to a rigorous process but we cannot see that.

Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)

Eoghan Murphy: I am sure. Mr. McDonagh when referring to salaries and retention of expertise in his opening statement was giving a warning in a sense in the context of the commentary in the past about a soft landing and the questions about why we were not warned. When we look back at another area in which a State agency made a big mistake, we see all the meetings were held, different discussions and papers...

Other Questions: Job Creation (1 Oct 2013)

Eoghan Murphy: Approximately two years ago, we had a conversation here about the adventure sports market. In the past few years, we have seen that market absolutely explode, which is great for the economy. However, there is now talk of regulation. I caution against any unnecessary regulation that could have an impact on the market. Could I have an update on our bid for hosting the Rugby World Cup?

Other Questions: Public Transport Issues (1 Oct 2013)

Eoghan Murphy: 73. To ask the Minister for Transport, Tourism and Sport the proposals for the tendering out of PSO bus services as proposed by the National Transport Authority.. [40529/13]

Other Questions: Public Transport Issues (1 Oct 2013)

Eoghan Murphy: I am mostly in favour of tendering for the PSO bus services, particularly where it leads to better services and a cheaper cost to the State. If one wants to call that privatisation, that is fine, but there is no need to mislead the people. These operators are still operating public routes and a public service. To endorse Deputy Olivia Mitchell's comments, I would like to clarify what the...

Written Answers — Department of Transport, Tourism and Sport: Adventure Activities Regulation (1 Oct 2013)

Eoghan Murphy: 89. To ask the Minister for Transport, Tourism and Sport if he will provide an update on proposals to regulate the adventure sports industry and ensure safety in the sector. [40530/13]

Written Answers — Department of Foreign Affairs and Trade: Inter-Country Adoptions (1 Oct 2013)

Eoghan Murphy: 163. To ask the Tánaiste and Minister for Foreign Affairs and Trade if he will provide an update on meetings with the relevant Russian authorities in relation to changes in Russian adoption legislation that has meant that a number of prospective adoptive parents here may now be unable to adopt. [40846/13]

Written Answers — Department of Finance: Property Taxation Yield (1 Oct 2013)

Eoghan Murphy: 187. To ask the Minister for Finance the amount of property tax that has been raised this year and the anticipated amount to be raised in a full year, broken down by electoral constituency and by local authority. [40464/13]

Written Answers — Department of Finance: Banking Sector Issues (1 Oct 2013)

Eoghan Murphy: 188. To ask the Minister for Finance if he has any concerns regarding the operation of certain foreign banks here (details supplied). [40465/13]

Written Answers — Department of Finance: Universal Social Charge Application (1 Oct 2013)

Eoghan Murphy: 206. To ask the Minister for Finance his views on a matter regarding universal social charge rates for those over 70 years of age (details supplied). [40850/13]

Written Answers — Department of Finance: VAT Rate Reductions (1 Oct 2013)

Eoghan Murphy: 214. To ask the Minister for Finance if calculations of the cost of the 9% VAT reduction to the Exchequer at circa €350 million each year takes into account increased activity in the relevant sectors and the financial benefit to the economy in that same year, including not just money spent in these areas but revenue generated and also jobs created and the Exchequer benefit of this....