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Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: Okay. The Nyberg report gave you the label, when I say "gave you", I'm taking about external auditors of the silent observers. He explains on the page, he says:The problems in the Irish banks [and I am quoting] were building for several years before the crisis. These were problems of credit quality, sustainable lending practices and adequacy of internal procedures; they were not generally...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: Okay. In relation to going concern, it was stated in the opening statement there that, in assessing whether the going concern assumption is appropriate, that you take into account all available information about the future, which is at least, but not limited to, 12 months in advance. Can I ask you, Mr. Fitzpatrick, because you've mentioned a number of times the CSO residential property...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: Well, the first ... the residential property that shows a drop statewide from 128.7% at the start of 2008 to 108.5% at the time you submitted your report is the CSO reference and Jones Lang LaSalle has their own property index which is on their website, which comments that there has been a decrease in commercial property in that year of 36.4%, in 2008. When you look at the CSO, also you...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: Sorry, sorry, you had to be convinced as the auditor-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: -----that there was no issue of going concern because in the statement you say that the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: Sorry. In the statement you say that the ... it was the board of directors but the auditor has to be-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: -----convinced of ongoing concern.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: The ... and I know I'm over time, but the core issue there was that commercial property had decreased by 40% in 2008 or, sorry, 36.4% in 2008 and was accelerating and residential property the same, yet the provision ... you didn't suggest additional provision in relation to that, even though you were supposed to. You talked about looking at the IMF and other bodies for data but this data was...

Written Answers — Department of An Taoiseach: Employment Data (12 May 2015)

Pearse Doherty: 214. To ask the Taoiseach the number employed directly in the aircraft leasing industry here. [17313/15]

Written Answers — Department of Finance: Central Bank of Ireland Properties (12 May 2015)

Pearse Doherty: 271. To ask the Minister for Finance the latest estimate for the cost of the new Central Bank of Ireland building; and if he will make a statement on the matter. [18218/15]

Written Answers — Department of Finance: Central Bank of Ireland Properties (12 May 2015)

Pearse Doherty: 272. To ask the Minister for Finance if he will provide details of the properties belonging to the Central Bank of Ireland; of all other properties where the Central Bank of Ireland business is carried out, for example, data centres and so on, inside and outside the State. [18219/15]

Written Answers — Department of Finance: Central Bank of Ireland Staff (12 May 2015)

Pearse Doherty: 273. To ask the Minister for Finance the procedure under which the next Governor of the Central Bank of Ireland will be chosen; the remuneration package that will be offered; and if he will make a statement on the matter. [18233/15]

Written Answers — Department of Finance: NAMA Portfolio Value (12 May 2015)

Pearse Doherty: 275. To ask the Minister for Finance the current value of assets and loans being managed by the National Asset Management Agency in 2015. [18302/15]

Written Answers — Department of Finance: NAMA Operations (12 May 2015)

Pearse Doherty: 276. To ask the Minister for Finance the volume of National Asset Management Agency loan and asset sales in 2014. [18303/15]

Written Answers — Department of Finance: NAMA Operations (12 May 2015)

Pearse Doherty: 277. To ask the Minister for Finance the target of loan and asset disposals by the National Asset Management Agency in 2015 and that achieved in 2014. [18304/15]

Written Answers — Department of Finance: NAMA Operations (12 May 2015)

Pearse Doherty: 278. To ask the Minister for Finance the value of the National Asset Management Agency's loans and assets being disposed of, on a monthly basis, over the past year, and by year from the establishment of the Agency to date. [18305/15]

Written Answers — Department of Finance: NAMA Investment Funds (12 May 2015)

Pearse Doherty: 279. To ask the Minister for Finance the current status of the National Asset Management Agency's development funding; the amount the agency has at its disposal for the remainder of its existence; the amount of the funding it intends to invest in 2015; the amount that has been invested to date by year; and if he will make a statement on the matter. [18306/15]

Written Answers — Department of Finance: NAMA Portfolio (12 May 2015)

Pearse Doherty: 280. To ask the Minister for Finance if he will provide a breakdown, by geographical area and by commercial and residential sector, of the remaining existing National Asset Management Agency's assets and loans on its books. [18307/15]

Written Answers — Department of Finance: NAMA Portfolio (12 May 2015)

Pearse Doherty: 281. To ask the Minister for Finance his views on the use of National Asset Management Agency assets, to date, for social and economic value to the State, listing the assets used, their purposes, their value on the agency's books and his plans for their future use. [18308/15]

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