Results 1,661-1,680 of 26,185 for speaker:Kieran O'Donnell

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: He contradicted them.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: What exactly does that mean? That is not sufficient.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: May I come in briefly?

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: In terms of clarification of the point made by the Minister of State, Deputy Carey, under section 6 of the Bill the Minister of State, Deputy Mansergh, is now stating that any individual not subject to the pension levy will not now be subject to the pay cut.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: I support this amendment. Professor Honohan, the Governor of the Central Bank, yesterday appeared before the Joint Committee on Economic Regulatory Affairs, whose Chairman, Deputy Moynihan, is in the Chamber. At the meeting, I asked him a number of questions, one of which was specifically about Anglo Irish Bank. I asked whether Anglo Irish Bank was of systemic importance in the Irish...

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: I am trying to bring-----

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: Exactly. I am trying to give context to the debate and underpin it with thought. I support this amendment, which should apply to both Anglo Irish Bank and NAMA. We are told NAMA should be self-financing. We should not be paying exorbitant salaries which will take away from the bottom line. Those working for the agency should be paid reasonable salaries. There should be consistency...

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: It could not even produce a set of accounts, as is normally the case.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: Perhaps the Minister of State might deal with the questions.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: We own it.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: The State owns it.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: They grind very slowly.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: They are the friends of Fianna Fáil.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: On a point of order, what the Minister of State is saying is completely illogical.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: That was my preamble.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: The Minister of State, Deputy Martin Mansergh, stated the cuts did not apply to the NTMA but that the pension levy did, yet the Minister of State at the Department of the Taoiseach, Deputy Pat Carey, stated: "The rule of thumb will be that if one is affected by the pension levy, the reduction to the rates of pay will also apply." This is a complete contradiction. Once again, clarification...

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: It is relevant.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: It is extremely relevant to Anglo Irish Bank.

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: Absolutely. The legislation states: "under the Companies Acts in pursuance of powers conferred by or under another enactment, and financed wholly or partly by means of money provided, or loans made or guaranteed, by a Minister of the Government or the issue of shares held by or on behalf of a Minister of the Government." Anglo Irish Bank fits that bill. The Government's amendment No. 5...

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee and Remaining Stages (16 Dec 2009)

Kieran O'Donnell: They keep him for the rest of the year also.