Results 1,061-1,080 of 4,928 for speaker:Peter Mathews
- European Council Meeting: Statements (24 Oct 2012)
Peter Mathews: This is not easy.
- European Council Meeting: Statements (24 Oct 2012)
Peter Mathews: This is a very full debate. There is no finality to the issue, but there is a finality to the time available to discuss it here.
- European Council Meeting: Statements (24 Oct 2012)
Peter Mathews: We must move to the next item as provided for under the Order of Business.
- Written Answers — Department of Foreign Affairs and Trade: Departmental Staff Grades (24 Oct 2012)
Peter Mathews: To ask the Tánaiste and Minister for Foreign Affairs and Trade if he will provide a breakdown of staffing in his Department (details supplied); and if he will make a statement on the matter. [46604/12]
- Written Answers — Department of Finance: Mortgage Interest Relief (24 Oct 2012)
Peter Mathews: To ask the Minister for Finance if the economic impact report on the section 23 type relief changes proposed in the 2012 Finance Bill has been completed; if so, if the proposed changes have been passed; if he will provide details of the changes; if he will clarify if mortgage interest relief is restricted to 25% of the mortgage interest paid for the years 2012 and 2013; and if he will make a...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: Let me refer to the ownership of NAMA. In recent days, it was revealed that London-based Walbrook Capital purchased Irish Life's 17% stake in the special purpose vehicle, which owns 50% plus a share of the controlling ownership vehicle for NAMA. Do we know anything about Walbrook Capital or the probity of its promoters, directors and owners? Do we know about their integrity and abilities?...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: In the United Kingdom, the Anglo-Saxon world. However, that does not obtain in the United States and elsewhere in Europe.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: Yes, but indexation works with the economy. I am a little concerned about conflicts of interest. The NAMA divisions in the IBRC, AIB and Bank of Ireland comprise 200, 200 and 100 people, respectively, and I note the accounting firms also have NAMA divisions. My concern about accounting and legal firms is that those firms which are doing work for NAMA have partners within them which also...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: Will Mr. Daly remind me of the other two shareholders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: Is that not a subsidiary of Bank of Ireland?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: I have one supplementary question. Mr. McDonagh alluded to the point that the banks were really bad about how they disbursed their money and the loan offer documentation, that is, the security on which they advanced money, was extremely fragile, as well as being highly vulnerable to challenge. I believe that cases are arising in which NAMA received loans and is sanitising a situation on...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: No, I expect he will agree.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: What is the cost of those? What is the coupon rate? It is variable based on LIBOR, is it not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: What is that rate at the moment?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: That is for nothing from their point of view.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: On the arithmetic side, the vendor finance is becoming a growing source of revenue and is an asset from bank point of view of NAMA. What rate of interest is charged on that? For what term is the vendor finance provided?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: The margin of 2.5% is clear gross profit.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: Well done. Keep it up.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Peter Mathews: What did they start at when NAMA bonds were issued?
- Prospects for Irish Economy: Statements (Resumed) (25 Oct 2012)
Peter Mathews: As a newcomer to this Chamber I ask Deputies to park the petty, partisan politics of the past. We are in a slow motion crisis that has led to job losses, emigration, financial stress, family break-ups, family worries and even suicides. We have actually managed, despite that territory of ruin and misery, to start the work of site clearance. The Government, which is a coalition government,...