Results 15,261-15,280 of 20,243 for speaker:Brian Stanley

Public Accounts Committee: Business of Committee (21 Sep 2023)

Brian Stanley: Yes, and the Commission for Regulation of Utilities. Is that agreed? Agreed. Again, I ask members to keep the list short, but if there are specific issues around performance, spend and accountability in Irish Water, can they flag it up for the Department and Irish Water to address at that meeting on 26 October, which is roughly five weeks away? That concludes our consideration of the...

Written Answers — Department of Communications, Climate Action and Environment: Electricity Generation (27 Sep 2023)

Brian Stanley: 47. To ask the Minister for Communications, Climate Action and Environment the number of generators purchased to provide dispatchable power to the grid when other sources are not supplying sufficient quantities; to set out the fuel type they use; and the cost of purchasing them. [41849/23]

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: We have apologies from Deputies Ó Cathasaigh and Verona Murphy, who are engaged in other parliamentary duties. All in attendance are welcome and I remind them to ensure mobile phones are switched off or on silent. I will explain some limitations to parliamentary privilege and the practice of the Houses as regards reference witnesses may make to other persons in evidence. The...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I thank Mr. McCarthy. It was outlined in the documentation that Mr. McDonagh has five minutes. I know he has quite a long statement but I ask him to try to keep within the time. Perhaps he could try to summarise it. The submission is available to members.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I will let the Deputy back in for a second round. He may make a very brief point.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: What county did this happen in?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: It sounds like somewhere in the wild west. All that is missing is the hats, the horses, the guns and the sheriff. It is an absolutely incredible story. The brother rocks in with the bag of money on the side of the horse and buys this for €255,000 or €260,000. It is an absolutely incredible. This happened in County Donegal in this State. What we are hearing this morning is...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: Deputy Catherine Murphy will have a second round.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I will just intervene for a second. I accept that it was not on the notice of invitation, but it is a significant project in the centre of the capital city. If there are specific questions that Mr. McDonagh does not have the answers to, I want to allow the committee members to ask questions and perhaps he could come back within a week or so, or maybe by the end of this meeting, with some...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I just want to clarify something, Mr. McDonagh. I have been following the Moore Street issue somewhat for the past ten or 15 years. I want to clarify that part of the terrace is now in the ownership of the Department.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I do not expect you to go into fine detail of it or be able to rattle it off. Is it that section that people are concerned about, that group of houses where the provisional government had its last stand?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: No one campaigned to buy the whole terrace.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: It was a group of five or six houses.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: We will resume after a short break, and Deputy McAuliffe will be first. We will suspend for ten minutes.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: The next speaker is Deputy Paul McAuliffe.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: It is helpful to know that information. I will bring in the Comptroller and Auditor General for a moment.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I call Deputy Colm Burke.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: I will go back to the loan sale. I preface what I am about to say with an apology as I know everything is easy until you go about doing it. This would not have been the easiest portfolio that NAMA dealt with. I acknowledge that. We have established today that it happened in one county, Donegal, and that an individual owned two companies on which loans were taken out. There was...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: My apologies, multiplied by 12. I accept that. We are looking at a rental income from these units. They are occupied, which means they are liveable. They are presumably in a town or on the edge of a town. We can assume they have a value of somewhere between €150,000 and €300,000 each. There are 28 unfinished residential units. Are some of those on the edge of towns or in...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Brian Stanley: They are on the edge of the town.