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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)

Eoghan Murphy: So there will not be a second or third valuation put on assets.

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)

Eoghan Murphy: Mr. McDonagh stated previously that he was estimating, perhaps, €20 billion worth of loans coming across.

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)

Eoghan Murphy: What is the total figure now expected?

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)

Eoghan Murphy: Does Mr. McDonagh have an idea of when that timeline will is completed?

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)

Eoghan Murphy: NAMA is legally obliged to buy them at the reserve price if they are not sold but will then undertake a valuation itself internally.

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)

Eoghan Murphy: In regard to the impairment on the books for the initial years, NAMA's assessment indicates that it paid too much for certain loans or assets at the beginning.

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)

Eoghan Murphy: Perhaps I can ask Mr. Moran one question. It is about oversight by the Department of NAMA in general. He will be aware from the legislation that the Minister and the Committee of Public Accounts are named. Therefore, we have a shared responsibility in looking at this agency and ensuring it operates in the way it should. Is the Secretary General satisfied with the oversight role his...

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)

Eoghan Murphy: How regular is the Department's contact with the agency either with the board or in terms of examining accounts and engaging in conversation with the-----

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)

Eoghan Murphy: Okay.

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)

Eoghan Murphy: In terms of personal contacts, how often must the Director General meet Mr. Daly or 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)

Eoghan Murphy: How frequently would the Minister be involved in terms of discussing NAMA on a given day or at a special meeting?

Written Answers — Department of Finance: Infrastructure and Capital Investment Programme (15 Jan 2014)

Eoghan Murphy: 118. To ask the Minister for Finance if he has considered any vendor financing options for the implementation of new infrastructural projects here as an alternative to new borrowing or the use of national investments funds for same given that major international companies maintain capital reserves for investment in such projects. [55533/13]

Written Answers — Department of Education and Skills: School Enrolments (15 Jan 2014)

Eoghan Murphy: 203. To ask the Minister for Education and Skills further to Parliamentary Question No. 65 of 12 December 2013, if he has considered the introduction of PPS numbers on enrolment forms for schools as part of his new reforms in the area of admissions so as to assist in managing supply and demand and in order to minimise the practice of place-blocking where parents place their children on...

Written Answers — Department of Jobs, Enterprise and Innovation: Regulation of Accountants (15 Jan 2014)

Eoghan Murphy: 285. To ask the Minister for Jobs, Enterprise and Innovation his concerns relating to accountancy firms which are able to operate outside the supervision of the Irish Auditing and Accounting Supervisory Authority, as detailed in a recent article published by Chartered Accountants Ireland on 4 December 2013 (details supplied). [1080/14]

Written Answers — Department of Children and Youth Affairs: Youth Cafés Provision (15 Jan 2014)

Eoghan Murphy: 714. To ask the Minister for Children and Youth Affairs if she will provide details of the assessment process for the awarding of youth café capital funding; the criteria involved; and the reasons for ineligibility and so on. [55530/13]

Written Answers — Department of Health: HSE Staff Remuneration (15 Jan 2014)

Eoghan Murphy: 823. To ask the Minister for Health his views on making Health Service Executive salaries public knowledge, perhaps on a relevant website, as is the case for PLCs. [1079/14]

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 39 - Health Service Executive
Annual Report and Financial Statements 2012
Section 38 - Agencies Remuneration
(16 Jan 2014)

Eoghan Murphy: I thank the witnesses for attending. I wish to continue with what Deputy O’Donnell was talking about. What is the purpose of the pay policy?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 39 - Health Service Executive
Annual Report and Financial Statements 2012
Section 38 - Agencies Remuneration
(16 Jan 2014)

Eoghan Murphy: As the policy applies to CEOs, is it to ensure that no CEO responsible for a hospital that is getting public funding gets paid more than a certain amount? Is the purpose of the policy to bring salaries into line?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 39 - Health Service Executive
Annual Report and Financial Statements 2012
Section 38 - Agencies Remuneration
(16 Jan 2014)

Eoghan Murphy: The key issue appears to be based on the fact that a funding element is going to the hospital and that is why the CEO must then be paid a certain amount. Is the purpose of the policy to bring consistency?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 39 - Health Service Executive
Annual Report and Financial Statements 2012
Section 38 - Agencies Remuneration
(16 Jan 2014)

Eoghan Murphy: The HSE found that St. Vincent's was not compliant with public pay policy. Its solution was in this case to take Mr. Jermyn out of public sector pay in order to become compliant with policy but does the policy exist because St. Vincent’s is receiving public money?

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