Results 1,601-1,620 of 2,211 for speaker:Paul Connaughton

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: I do not doubt that for a second but I imagine the board has made a big play of the fact that this is voluntary and I imagine the delegates are also saying to the credit unions that "we are not here forever".

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: If there is a credit union with an issue, the board's job is to help those that are merging.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: That is it. During these meetings if a credit union and its members say that they do not fancy this, that is it.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: Does the credit union get a call from the Central Bank to say this was a mistake and it will be seeing people from the Central Bank in a few years time?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: I come form a rural part of County Galway where some small towns and villages would have a credit union and they have made the point to me that since the crisis happened they have gone from having very lax regulations to having very much over the top regulations and they have been hamstrung with monthly restrictions and all that. I imagine the board's job is to examine how it can strengthen...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: I imagine one of the board's key objectives under its remit is to strengthen the sector and put it on a financial footing for the foreseeable future, but the delegates talked about, and other Deputies asked about, a range of other services, and there was a proposal for a merger with An Post and the provision of those types of services. What is the position with regard to that proposal? Is...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: There is a proposal with the Department of Finance - I think it has come from Limerick - with regard to a possible amalgamation between the credit union movement and An Post. I will not go into this as An Post is not represented here and I imagine it would have to be consulted on this as well. From a rural perspective, in terms of ensuring the viability of credit unions and post offices, do...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

Paul Connaughton: Mr. McVeigh has seen a lot of the world.

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (16 Dec 2014)

Paul Connaughton: 229. To ask the Minister for Finance if the adaptations to a vehicle under the disabled drivers and passengers scheme have to be 10% of the car price or if that has been discontinued; and if he will make a statement on the matter. [48295/14]

Written Answers — Department of Health: Medical Card Administration (16 Dec 2014)

Paul Connaughton: 503. To ask the Minister for Health if consultant costs incurred by persons with no medical cards and no private health insurance are allowable as health expenses when applications for persons over 70 who have illnesses are assessed by the primary care reimbursement service on an under-70s basis; if they are allowable when an appeal is being considered; and if he will make a statement on the...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Hen Harrier Special Protection Areas (16 Dec 2014)

Paul Connaughton: I will be brief because pretty much everything I wanted to say has been said already. The delegates mentioned that they were in Brussels. What response did they receive there? Deputy O'Donovan mentioned the designation of land and that it is very unlikely that it will be lifted. I would like to see it being lifted but that could be a dream that will not be realised. The concern is over...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: I welcome the deputation. I have a final comment on mediation. I realise Mr. McDonagh said that only a small number go to mediation, perhaps 10%. Of that 10%, how many are actually successful at the end of the process?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: Does NAMA ever come back for a second go at mediation?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: In his opening statement Mr. McDonagh set out his contention that NAMA has been far more patient in its dealings with debtors that many corresponding private sector commercial banks or private equity entities in similar circumstances. How did Mr. McDonagh work that out?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: I am trying to work out how what experience Mr. McDonagh has, whether personal or otherwise in respect of dealing with banks. Mr. McDonagh maintains that NAMA is doing it better than the way they do it.

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: Performance measures were mentioned at the last meeting. Mr. McDonagh referred to a board meeting last week to examine some of those measures. Can Mr. McDonagh give an indication of what some of those measures were?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: We are five years into NAMA at this stage. Mr. McDonagh's belief is that because the property market has picked up NAMA is beginning to realise more money and it is coming in now. I imagine the intention is that NAMA would be wound up far quicker. Is there any chance that by the time this gets implemented NAMA will be gone anyway?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: It will cover it right through the whole process. Is that correct?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: Deputy McDonald mentioned one or two individual projects. I accept that NAMA cannot foresee what the market will do six months or 18 months down the line but when NAMA makes a decision to sell does the agency take advice from others outside in respect of those properties?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Paul Connaughton: Then it is signed off by the board. Is that correct?