Results 3,101-3,120 of 4,717 for speaker:Martin Mansergh

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: If the Senator believes in the principle of consent, we need that principle to have an all-Ireland Parliament. I would love to see an all-Ireland Parliament.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: Who raised the question of partition?

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: That comment is unworthy of the Senator. I fully agree with many Senators who have stated that confidence, accountability, proper investigation and pursuit of breaches is needed. However, the Senator's proposed amendment is not necessary in light of the extensive legal powers available to the statutorily independent Office of the Director of Corporate Enforcement.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I am confident the director will conduct a thorough examination of the unacceptable governance practices that have come to light in Anglo Irish Bank which rightly have caused such grave public concern. The Minister highlighted these matters in his statement announcing that Anglo Irish Bank was being taken into public ownership. In recent years the director and his staff have shown a strong...

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I am stating authoritatively that there was no run on Anglo Irish Bank.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: The decision the Minister took to nationalise Anglo Irish Bank followed consultation with the Central Bank, the Financial Regulator and the NTMA. The Government believed the recent corporate governance issues at Anglo Irish Bank had caused serious reputational damage to the bank at a time when market conditions were deteriorating for it, thus adding to funding pressures. Despite the...

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I am about to answer it, if the Senator allows me to finish.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: The Minister has addressed also the issue of what effect this will have on the public finances. This evening I repeated something the Minister had stated in the Dáil: Taking Anglo Irish Bank into State ownership should have no immediate impact on either the general Government debt or the current deficit as Anglo Irish Bank is a going concern and will continue to operate as a commercial...

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: He was talking about his own powers as Minister.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I gave the answer to that question.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I will clarify it. Senator Fitzgerald need not worry.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I am not.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: The Minister for Finance, when he was speaking, stated that the Director of Corporate Enforcement is being assisted by the Financial Regulator who has particular powers to obtain information from financial institutions. I repeat the fact that there was no run on the bank and also, if one wishes to put it another way, that it was not insolvent. However, limited funding problems and the risk...

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: ——is, of course, "No". We have an independent Director of Corporate Enforcement to investigate events in detail. Senators should not assume——

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: If they want an enforcement process, we must allow it to take effect instead of doing what the Queen of Hearts did, namely, sentence first and hear the evidence afterwards.

Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Martin Mansergh: I will not accept the amendment. We have complete confidence that the Director of Corporate Enforcement will pursue these issues of grave concern and deep and legitimate public interest. As legislators, we should not try to duplicate our effective and efficient machinery. We cannot afford to do so.

Written Answers — Commemorative Events: Commemorative Events (27 Jan 2009)

Martin Mansergh: In 2007, the Government allocated a grant to the Glasnevin Cemeteries Group to fund a significant programme of restoration works in Glasnevin Cemetery to be completed in time for the centenary of the 1916 Rising. Works completed to date include: the relocation of the Sigerson Memorial; landscaping in the vicinity of the Round Tower and lighting of the base of this tower; cleaning of monuments...

Written Answers — Drainage Schemes: Drainage Schemes (27 Jan 2009)

Martin Mansergh: The carrying out of the Boyne Arterial Drainage Scheme in the 1970s / 80s resulted in damage to some fish spawning beds in the catchment. Following the completion of the scheme, the Office of Public Works sought and received the assistance of the Central Fisheries Board to identify and subsequently address this problem. A fishery rehabilitation programme was designed by the CFB, in...

Written Answers — Garda Stations: Garda Stations (27 Jan 2009)

Martin Mansergh: An Architect has been appointed for the provision of a new Garda Station at Clonark, Co. Roscommon and planning is advancing. Consideration is being given to the leasing of a property locally to provide temporary accommodation for the Gardaí in the short term.

Written Answers — National Monuments: National Monuments (27 Jan 2009)

Martin Mansergh: As indicated at that meeting, the Office of Public Works has no function to determine or enforce a public right of way over these lands. The guardianship deed that confers on the Commissioners the responsibility for the maintenance of the gatehouse structure only, did not include a provision for public access. We will again examine concerns raised on the stability of the gatehouse and carry...