Results 3,261-3,280 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: That is the reason I am asking about the procedures.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: Sorry excuse me, through the Chair, Mr. Daly, please.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: In terms of this being confidential financial information, does that create an exposure in that there may be a loss in the valuation of those assets?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I understand there was a screening process as to how e-mails were being transacted. Has the screening process changed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: To conclude with some supplementaries on the issue. I assume, Mr. Daly has asked those parties who received that information to return it, for what it might be worth, even if it was communicated electronically. He said an investigation was carried out on whether it may have travelled on to other people. Is that investigation closed or is there an ongoing investigation that there may be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: Perhaps Mr. Daly would respond to my other questions in relation to third parties receiving NAMA information and if that is an offence.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I thank Mr. Daly for his response to my questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: By way of clarification of my earlier question, are the ten individuals who acquired the information now banned from further business with NAMA?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I must remind Members and witnesses to be mindful of challenging information currently before the courts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I was wondering if I was in the room.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I shall interject. I refer members to Mr. Daly's opening statement. I shall summarise it by saying that an investigation carried out also led to an indication of another individual which is presently under examination.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: Please do not, Deputy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: It was €200,000.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I am under time constraints. I will ask Mr. McDonagh to respond and I will move onto Deputy Kevin Humphreys. Deputy Pearse Doherty's colleague, Deputy Brian Stanley, can take up his questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: The Deputy can give me a question, not a point of information. I called Deputy Humphreys.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: No, we are going from Government member to Opposition member. I will come back to Deputy Billy Timmins after we hear from Deputy Boyd Barrett.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: The sequence will be Deputy Kevin Humphreys, either Deputy Boyd Barrett or Deputy Higgins, Deputy Timmins, Deputy Sean Fleming, Deputy Spring, whoever is left from Deputy Boyd Barrett or Deputy Higgins, Deputy Mathews, Deputy Stanley, Senator Hayden and Deputy Dara Murphy, if he returns. My apologies to Deputy Timmins.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Ciarán Lynch: I remind the Deputy that he should ask questions.