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Written Answers — Department of Finance: Tax Code (23 Oct 2012)

Michael McGrath: To ask the Minister for Finance with reference to paragraph ten on page seven of the Revenue's CGT1 Guide to Capital Gains Tax, if he will clarify what determines the rate of CGT to be charged in relation to a transaction involving the compulsory acquisition of land by a local authority where the contract meets the criteria of a conditional contract; is it still the case that the date of...

Written Answers — Department of Social Protection: Jobseeker's Allowance Appeals (23 Oct 2012)

Michael McGrath: To ask the Minister for Social Protection the position regarding a jobseeker's allowance application in respect of a person (details supplied) in County Cork. [45929/12]

Written Answers — Department of Environment, Community and Local Government: Rural Development Programme (23 Oct 2012)

Michael McGrath: To ask the Minister for Environment, Community and Local Government if there are any grant schemes within his Department or the EU of which he is aware that could support the refurbishment and improvement of a community centre; and if he will make a statement on the matter. [46490/12]

Written Answers — Department of Social Protection: Jobseeker's Allowance Appeals (23 Oct 2012)

Michael McGrath: To ask the Minister for Social Protection the position regarding a jobseeker's allowance application in respect of a person (details supplied) in County Cork. [45929/12]

Written Answers — Department of Environment, Community and Local Government: Rural Development Programme (23 Oct 2012)

Michael McGrath: To ask the Minister for Environment, Community and Local Government if there are any grant schemes within his Department or the EU of which he is aware that could support the refurbishment and improvement of a community centre; and if he will make a statement on the matter. [46490/12]

Written Answers — Department of Social Protection: Jobseeker's Allowance Appeals (23 Oct 2012)

Michael McGrath: To ask the Minister for Social Protection the position regarding a jobseeker's allowance application in respect of a person (details supplied) in County Cork. [45929/12]

Written Answers — Department of Environment, Community and Local Government: Rural Development Programme (23 Oct 2012)

Michael McGrath: To ask the Minister for Environment, Community and Local Government if there are any grant schemes within his Department or the EU of which he is aware that could support the refurbishment and improvement of a community centre; and if he will make a statement on the matter. [46490/12]

Prospects for Irish Economy: Statements (24 Oct 2012)

Michael McGrath: I thank the Minister for his opening statement. I am glad to have the opportunity to make a contribution to this debate on the state of the Irish economy. At present, as we can all agree, we are certainly continuing to live in turbulent economic times and it is opportune for us, as the national Parliament, to fully debate the issues that currently face us. What people at home really want...

Written Answers — Department of Justice and Equality: Press Standards (24 Oct 2012)

Michael McGrath: To ask the Minister for Justice and Equality his future plans for press regulation here; and if he will make a statement on the matter. [46430/12]

Written Answers — Department of Finance: Banking Operations (24 Oct 2012)

Michael McGrath: To ask the Minister for Finance if he was consulted prior to the transfer by Allied Irish Bank of €1 billion in loans to the company pension fund; the funding position of the AIB pension following the transfer; if this transfer counts towards the bank's deleveraging target; the action he took to ensure that the interests of the State as the majority shareholder in AIB was protected;...

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

Michael McGrath: I welcome Mr. Daly, Mr. McDonagh and their colleagues from the agency to the meeting. I would like to take up where the Chairman left off. Mr. Daly mentioned that one of the files which Mr. Farrell sent to himself via his wife contained information on the price paid by NAMA for loans and stated that there was no evidence that information had made its way to any third party. Does Mr. Daly...

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

Michael McGrath: Has the agency sold assets for less than the price it paid for respective loans?

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

Michael McGrath: Yes.

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

Michael McGrath: I will not go into the Farrell case in any detail. However, I find one matter bizarre. NAMA engaged Deloitte to undertake a review of this case. Mr. Daly stated in his submission that Deloitte undertook a search of Mr. Farrell's e-mail account and uncovered evidence that confidential data may have been taken by him without authorisation from NAMA. Why, rather than referring this matter to...

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

Michael McGrath: We need to move on.

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

Michael McGrath: On what date did Deloitte first inform NAMA that it had found evidence that confidential information had been removed from the agency? As I understand it, that happened on some date in August.

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

Michael McGrath: Yes. It took NAMA a further month before notifying the Garda Síochána. NAMA took on the role of the Garda as an investigator after it had been informed that confidential information had been removed.

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

Michael McGrath: I would like to move on now to the overall performance of the agency. How confident is Mr. Daly that NAMA will recover, at least, the amount paid for loans and operational costs of running the agency? That is the key question.

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

Michael McGrath: Mr. Daly remains quite confident NAMA will achieve-----

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

Michael McGrath: Previously Mr. Daly spoke about the lifestyle of some of the top NAMA debtors and that he wanted to see some changes. Is he satisfied with what he has seen so far? Will he assure the committee that NAMA does not support the payment of personal drivers or personal security provision for some of the top debtors? Will he assure the committee such things do not happen with NAMA support?

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