Results 13,121-13,140 of 26,626 for speaker:John McGuinness
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: On the Northern Ireland committee, I acknowledge NAMA has answered the various questions, but is its non-appearance there because it is outside the jurisdiction?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: In essence, that is it. I note this committee co-operated with the Public Accounts Committee in Northern Ireland on another issue and in that regard, I found that to be highly beneficial to the whole process of understanding where the money went, how it all functioned and so on. It was a worthwhile exercise for this committee and it showed how the two different jurisdictions can function...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: In Mr. McDonagh's opening statement, he mentions houses and how NAMA is supporting 6,500 jobs directly. Is it the case that NAMA is now a development company in terms of seeking planning permissions and building houses?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: How does it operate?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: When those houses are built, they are built by a developer.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: There is a profit margin in it and it will not distort the market in respect of the provision of cheaper houses, which may be a concern.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: Is it a work-out process?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: There is a question from Deputy Deasy on which we will finish.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: NAMA had written to Deputy Wallace after the first set of allegations was made-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: -----and NAMA gave its rebuttal.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: Deputy Deasy has a question.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: It is not allowed.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: The question asked by Deputy Deasy was, I think, also asked the last time. A view was expressed by some members and certainly by me that there was a point in that process when it should have been abandoned. That is my view - I am just saying that. In terms of constituencies and who NAMA addresses, it may not have lost the confidence of the investment community - I hope it does not - but...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: Correspondence that I see coming to the Committee of Public Accounts - there is not a big volume of it - expresses frustration in dealing with NAMA. Some is from clients with properties in NAMA and some from individuals who just do not know where to turn. Then there are those community groups, or at least that one group that I met this morning. That is echoed around the country. I ask Mr....
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: I put it all in the balance, Mr. Daly. I have done that. I am raising this with you because of the concern that has been expressed to me. I will come back to this every time you appear before the committee because it relates to the citizen and the right to get information, even though that person might be under pressure through NAMA or through a bank. The fact that they write to us is, in...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: Mr. Daly, we had-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: You are clutching at straws here. The fact of the matter is-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: -----that I believe you should be more up-front with some of the people who deal with NAMA, and that is not the case. There are examples that come before this committee. Individuals are trying to get their lives back after the devastation since 2007 and they experience this frustration. An agency of the State should give more time, or as much time, to those individuals as it might give to...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: Do not tell me you do, because I disagree with you.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)
John McGuinness: There is a certain arrogance in some of the things you say. You must understand this.