Results 3,801-3,820 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Was Mr. Moran at any point involved in the valuation for that site?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: There were significant difficulties and costs when it came to clearing that site that were not expected. Would site clearance have been a factor when coming to a potential sale value for the site?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Would Mr. Moran work those costs into a sale price in order for the purchaser to calculate?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Did Mr. Moran at any point in time provide a valuation or a change upwards in valuation during negotiations?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Mr. Moran's company was aware there was a risk long-term regarding the Athlone Shopping Centre site and he was advising clients not to buy. Earlier the witness said that if he was talking to a barrister involved in a syndicate he would be telling him or her to not get involved in investing at that point in time.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: But the witness was advising on the Athlone Shopping Centre.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: In advising a client to not invest -----

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: But Mr. Moran also talked in public, and on record, about why it was a good investment deal.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Would Mr. Moran consider that going on record in public and talking about the attractiveness of the investment, even from a tax point of view, is stoking the sector? Mr. Moran himself was advising clients to not invest in it.

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Mr. Moran talked about the Government extending tax schemes year on year and how it exacerbated things. Can he explain exactly how?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Why roll it over, why extend it?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Would Mr. Moran's real estate industry or company have been involved in those questions?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: I want to clarify something. We heard earlier that 90% of investment volumes in the period 2002 to 2007 were from Irish buyers. Do we know what the percentage is today?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: In terms of other countries, would it be normal to move from a figure of 10% to a figure around the 30% mark? Has the pendulum swung in the other direction?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: In what way is the money which is flowing into Europe at the moment and over the past 12 months qualitatively different to the money flowing in at the beginning of the last decade?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: I want to move back to the period before 2008 and the CBRE reports. We have excerpts from those reports. Did Ms Hunt author those reports?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: On page 5 of the document containing the excerpts from the reports, Ms Hunt states, under the November 2006 heading, "Sale and leaseback transactions including those by the country’s two main banks which have dominated the headlines in recent weeks have between them totalled €1 billion, which is in excess of the total size of the Irish investment market only 3 years ago". What...

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: What does a sale and leaseback agreement indicate about the health of the market?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Is what Ms Hunt wrote a value-free statement? Is she writing a fact or is she sending a warning signal to people within her own company or to the market in general?

Committee of Inquiry into the Banking Crisis: Context Phase (2 Apr 2015)

Eoghan Murphy: Below it, under the January 2007 heading, it is stated, "It is now the duty of the development community in Ireland to adopt a realistic approach and put the brakes on the quantum of annual housing completions to avoid oversupply occurring in the medium term". Ms Hunt refers to the duty of the development community. The development community is a series of individual actors acting in their...