Results 24,921-24,940 of 34,745 for speaker:Seán Fleming

Other Questions: Flood Risk Assessments (1 Oct 2015)

Seán Fleming: I appreciate what the Minister of State said about the three areas for further assessment in the 300 locations but perhaps he could give me an overall picture. A few years ago we had river basin catchment plans for the rivers Lee and Shannon and in the south east, among other areas. Perhaps they are the six regional study plans to which the Minister of State referred. I do not recall...

Other Questions: Flood Risk Assessments (1 Oct 2015)

Seán Fleming: I heard that Europe has indicated it does not want six bitty plans for Ireland but one national plan. Will much work be involved in joining up the six plans into one national plan? One could say that all that is required is for them to be added together. However, it should not be as simple as that. We are a single island. Could the Minister of State refer to the transition from that...

Other Questions: Flood Risk Assessments (1 Oct 2015)

Seán Fleming: I wish to raise two particular issues with the Minister of State. The first is the draft flood maps that are currently available. They are very important. I ask that the Minister of State would give a little guidance to local authorities in respect of their county development plans. I said previously to the Minister of State that some local authorities included the draft plans in their...

Other Questions: Departmental Expenditure (1 Oct 2015)

Seán Fleming: When this office was set up I supported it, but I am disappointed at the rate of implementation. I said they seemed very busy. I said I supported the principle of centralisation, but I want it to be in touch. The Minister has said he is still waiting to recruit 60 staff into that organisation. It has been in operation for two years and the full complement of staff still has not been...

Other Questions: Departmental Expenditure (1 Oct 2015)

Seán Fleming: 8. To ask the Minister for Public Expenditure and Reform the cost of the operation of the national procurement office in 2014; the estimated cost in 2015 and for 2016, his views on its operation; and if he will make a statement on the matter. [33417/15]

Other Questions: Departmental Expenditure (1 Oct 2015)

Seán Fleming: I ask the Minister to give us an indication of the cost of the operation of the national procurement office in 2014, 2015 and 2016, and his views on how that office is operating.

Other Questions: Departmental Expenditure (1 Oct 2015)

Seán Fleming: They all seem to be very busy but I do not get the impression they are achieving very much. I was a supporter of this office but I am disappointed not just with what the Minister said but, specifically, what he did not say in his response. I refer to the Revised Estimates for the Public Services 2015, and Vote 39 is the Vote we discussed in committee. The Minister came into the committee...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: I welcome Mr. Daly, Mr. McDonagh and their colleagues. It has been a long day. I will briefly address an issue that a number of members mentioned. It would be helpful if NAMA attended the Northern Ireland Assembly's committee meeting to assist in the latter's inquiries. I also agree with those members who asked that another Deputy appear before this committee to help us with our...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: Going by the aspects that NAMA has been able to verify, was what was said in the Chamber untrue?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: The company has not exited NAMA at all.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: Okay. That was a particular allegation.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: Yes. We would all like to-----

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: The minute Mr. McDonagh heard the allegation, he took the matter seriously and wrote to the Garda Commissioner to ask for an investigation.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: We will move on. I was concerned by the mention of wrongdoing, particularly the allegation made by a Member of the Oireachtas, and I wanted to air the matter with the witnesses. I wish to ask about NAMA's presentation to the committee today so that people can get a fix on NAMA's overall situation. We could address a large number of issues exclusively, but I just want a picture. Instead...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: Those figures were not in the summary Mr. McDonagh gave us today. NAMA paid €3 billion in interest so far. What is the average interest rate being paid?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: The next question I want to ask concerns the €23.5 billion in disposals to date. In respect of the actual disposals - those loans are gone now - what impairment had NAMA against them? In other words, what was the book value of NAMA's actual disposals to date? I am not talking about the book value in the banks but am saying the €23.5 billion was realised by NAMA on a certain...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: That is in respect of the assets NAMA still has. I am talking about the assets disposed of by NAMA that led to the receipt of the €23.5 billion. I am referring to the current impairment. I will come to Mr. McDonagh's point in a moment.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: Since inception, given the €23.5 billion, what was the impairment on that? What was the book value of those loans?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: In 2014 alone.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

Seán Fleming: Cumulative.