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Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners
(2 Jul 2015)

Joe Costello: Is Mr. Cody saying there is €250 million where duty is not paid in the Irish market per annum?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners
(2 Jul 2015)

Joe Costello: Just to be clear, and I will finish on this point, is Mr. Cody saying that €250 million is lost to the Irish market in duty not being paid on cigarettes and does that figure include tobacco?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners
(2 Jul 2015)

Joe Costello: The totality of the tobacco product amounts to one quarter of a billion euros roughly in unpaid duty to the Irish Exchequer.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners
(2 Jul 2015)

Joe Costello: I cannot go through the full detail but that is a huge amount of illegal activity depriving the market of funding. Could we get a description of the activities that are being engaged in on both counts, fuel and tobacco, to reduce the quantity of defrauding of the Revenue and Exchequer?

Written Answers — Department of Children and Youth Affairs: Mother and Baby Homes Inquiries (7 Jul 2015)

Joe Costello: 278. To ask the Minister for Children and Youth Affairs the progress that has been made on identifying the burial place of the Tuam babies; and if he will make a statement on the matter. [27243/15]

Written Answers — Department of Health: Hospitals Discharges (7 Jul 2015)

Joe Costello: 348. To ask the Minister for Health if he will ensure that there are adequate support services provided for patients who are discharged from hospital; and if he will make a statement on the matter. [27250/15]

Written Answers — Department of Health: Prescription Charges (7 Jul 2015)

Joe Costello: 349. To ask the Minister for Health the reason a patient must fill a prescription within 24 hours of leaving a hospital or pay a doctor for a new prescription; and if he will make a statement on the matter. [27251/15]

Written Answers — Department of Education and Skills: Institutes of Technology (7 Jul 2015)

Joe Costello: 449. To ask the Minister for Education and Skills her plans for the next stage of the development of the Dublin Institute of Technology campus at Grangegorman in Dublin 7; and if she will make a statement on the matter. [27183/15]

Written Answers — Department of Environment, Community and Local Government: Arts Funding (7 Jul 2015)

Joe Costello: 540. To ask the Minister for Environment, Community and Local Government if the strategic development zone in the North Lotts and Grand Canal Harbour will qualify for the 1% for art scheme; and if he will make a statement on the matter. [27262/15]

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: I have one further query. Regarding the board meeting on 11 March when the board was informed of the PIMCO arrangement and it was agreed that PIMCO should withdraw from the sale due to the payment to a former member, are minutes of that meeting available?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: I welcome Mr. Daly and his team and Mr. Reid from the Department of Finance. Who came up with the name, Project Eagle? Where did it come from?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: Surely the board at some stage-----

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: What was this capturing? Was it connecting American bidders with the eagle?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: Was it that this was such a soaring portfolio of €5.7 billion in Northern Ireland?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: One would think that somebody would remember the genius who thought of the name.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: If there is a smoking gun in this matter, it has to be in the gestation of how this came about in the first instance. The two letters are very interesting. The first came to the Minister for Finance, Deputy Michael Noonan, from Mr. Sammy Wilson, the Northern Ireland finance Minister. The statement, as stated by Deputy O'Donovan, read, "Subsequent to those discussions, I have received the...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: How would they be known to NAMA?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: So what he stated in the letter is not quite true.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: He was trying to impress. The letter to Mr. Wilson is quite comprehensive and much work was done at the time. In the first three paragraphs he is very clear that he seems to understand exactly what is going on in NAMA. He indicates "We understand and respect that a transaction with Northern Irish real estate concentration would have a fundamental impact" and refers to "loans with a...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

Joe Costello: They were dealing with Tughans at the time.

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