Results 14,861-14,880 of 50,453 for speaker:Micheál Martin
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I just want to put that on the record. What about the facts?
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I did not interrupt the Taoiseach or the Tánaiste.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: It is on the record. He said the impact without a guarantee would have been absolutely catastrophic, over and above the very negative impact of the recession itself.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: In that context, when the Minister came to power there was €36 billion for unguaranteed bondholders, with €16 billion of that unguaranteed and unsecured. Every one of them was paid.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: That was nothing at all to do with the bank guarantee or the bailout. There should be less grandstanding. The parties opposite promised before the last election that they would burn the bondholders. That did not happen and the Government moved to the promissory note. That was fine.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: At this stage the people deserve better than the melodrama and grandstanding.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: They deserve better than to have people here who are disingenuous and dishonest in their presentations this evening.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: The people should be able to do without that.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: The Minister is being disorderly this evening as he does not like the truth.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: He does not like the truth. I am saying very calmly what is the truth.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: The Minister is being disorderly, as ever, because he does not like the truth. I would like the opportunity to continue my speech and to be afforded the same opportunity I afforded the Taoiseach, Tánaiste and the Minister. We did not interfere or intervene with any speaker and I would appreciate it if I could be afforded the same courtesy by the Minister, Deputy Rabbitte, and others.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I have misquoted nobody this evening. The leak of information which caused this emergency session should be investigated. It means we are proceeding with one part of a deal before the whole deal is agreed. It is hoped that this will not cause further problems on top of the reported annoyance at political posturing by Ministers. In the limited time we have had available to be briefed or to...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I appreciate that. Will the expertise of IBRC staff be retained? Will they continue to work on recouping all the money owed by debtors? How will the Minister ensure that unfavourable deals are not undertaken? Will the Minister give an assurance that every single debt owed will be pursued under the new arrangements and in the new circumstances?
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I will continue if I may, given that I was interrupted. By moving to a liquidation procedure, public accountability for the management of these debts has been significantly reduced. As matters stand, we can ask parliamentary questions of the Minister concerning the work of the IBRC. Committees are also in a position to closely oversee the work of the management and board of IBRC and have,...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I will conclude in 60 seconds. The Taoiseach delivered a lengthy speech, which I outlined, in which he attacked all of these powers. I ask the Minister to explain the Pauline conversion to the virtues of NAMA experienced by Deputies on the Government side.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: Why does he believe it is necessary to extend existing powers in the new Bill? This liquidation is taking place in the context of a wider deal on the promissory notes which the Governor of the Central Bank, Professor Patrick Honohan, may reach tomorrow at the ECB council. What are the implications for the IBRC debts if a suitable deal is not concluded tomorrow? I ask the Minister to...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: With respect, we had unruly interventions from the Government side and the time provided for the debate is short. I regret the manner in which this legislation was introduced. In future, there should be much better engagement from the Minister with the relevant spokespersons and from the Taoiseach with the relevant leaders.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: The Taoiseach voted for the guarantee, too.
- Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Micheál Martin: Are there no amendments?
- Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Micheál Martin: Are Members allowed to table amendments?