Results 25,121-25,140 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: So can you give the committee an example, because obviously we know that NAMA took on board the loans of commercial property into NAMA and you have made very strong submissions and strong critique of NAMA in the past. Yet, they weren't houses that people owned mortgages from in rural Ireland or indeed in the capital city, they were commercial property in the most, in the main. So when you...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: Well, can I ask you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: You're on the record that CIF has lobbied Government for tax relief ... sorry, reductions. So would that not be in relation to property speculation and the benefits of transactions and not the construction in itself?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: And would it be the larger developers, which were also members of the CIF, that would have been the major beneficiaries of such moves?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: The NIRSA report, and it's been mentioned earlier on ... there's parts of it in page 5 to 9 of Vol. 2, there's a subsequent reference in the later part of the report and I quoted it. It talks about the issue of oversupply is not limited to housing but also hotels, shopping centre, retail parks and industrial units. Can you explain in your opinion why this happened? Why there was such an...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: Okay. Can I ask just to clarify for the record in the evidence here, you mentioned to Mr. MacSharry that you lobbied all parties and just to clarify in relation to that there, how does that ... how far did that go? There's some parties that existed a number of years ago that have no representation in this House. There's other parties that would've been of smaller. So did you ... did the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: Well that's for him to answer.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: You know. So if you can explain just the circumstances that surrounded you, if you have visited the Galway tent how did that happen?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: Right.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: The first question was the extent when you mentioned that the CIF lobbied all political parties, just for the record, are we talking about every single political party here? Where there's very small political parties, there's larger-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: And just to clarify, did that mean that the CIF directly lobbied the Labour Party? And because the main political parties have different, you know ... parties grow in strength and reduce in strength, so did you directly lobby the Labour Party? Did you directly lobby the Green Party? Did you directly lobby the PDs, which would be very small in certain times but may be seen a main political...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: Go raibh maith agat, a Chathaoirligh, agus fáilte an tUasal Davitt chuig an coiste. In your opening statement you talked about how IPAV valuers are subject to self-regulation through IPAV, and that there are no national valuation standards for valuers in Ireland. And, bearing in mind that statement, can I ask you what is your assessment of the robustness in the valuation process used...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: But pre the crisis, were the processes robust is the question I asked.?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: So what was the weaknesses in the processes if they weren't as robust as they are now?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: And why are there no national valuation standards for valuers in Ireland?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: And has IPAV ever lobbied Government looking for such standards to be brought in ... such standards to be enshrined in Irish law?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: But prior to that, though, you never suggested there should be national standards brought in by Government. Is that correct? Is that what you are saying?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: And why would you ... why would the ... your body not suggest that your members would be ... would be accountable to national standards enshrined in law? Why did you never suggest this?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: But the point I'm making is that you've actually never suggested that there should be a national standard up until 2012. That you were comfortable with the fact that you were a self-regulating body, is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Pearse Doherty: And did anybody ever suggest that there should be - in Government circles or Department circles - that there should be a national valuation standard prior to 2012?