Results 36,021-36,040 of 50,909 for speaker:Micheál Martin
- Order of Business (7 Feb 2013)
Micheál Martin: -----disconnected way the Executive is behaving and not bringing Parliament fully on board in terms of the issues we are being asked to consider. We were hanging around this morning not knowing whether there would be Leaders' Questions-----
- Order of Business (7 Feb 2013)
Micheál Martin: -----or when it would take place.
- Order of Business (7 Feb 2013)
Micheál Martin: What I hear from our Whip is that the Chief Whip goes into silent mode.
- Order of Business (7 Feb 2013)
Micheál Martin: We did not have a revised schedule at 11 a.m. or 12 noon today. That is what is going on. The Chief Whip should learn the art of consultation, engagement and listen to people-----
- Order of Business (7 Feb 2013)
Micheál Martin: -----because it is not happening.
- Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Micheál Martin: Are there no amendments?
- Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Micheál Martin: Are Members allowed to table amendments?
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: The Taoiseach voted for the guarantee, too.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I appreciate that. Will the expertise of IBRC staff be retained? Will they continue to work on recouping all the money owed by debtors? How will the Minister ensure that unfavourable deals are not undertaken? Will the Minister give an assurance that every single debt owed will be pursued under the new arrangements and in the new circumstances?
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I will continue if I may, given that I was interrupted. By moving to a liquidation procedure, public accountability for the management of these debts has been significantly reduced. As matters stand, we can ask parliamentary questions of the Minister concerning the work of the IBRC. Committees are also in a position to closely oversee the work of the management and board of IBRC and have,...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I will conclude in 60 seconds. The Taoiseach delivered a lengthy speech, which I outlined, in which he attacked all of these powers. I ask the Minister to explain the Pauline conversion to the virtues of NAMA experienced by Deputies on the Government side.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: Why does he believe it is necessary to extend existing powers in the new Bill? This liquidation is taking place in the context of a wider deal on the promissory notes which the Governor of the Central Bank, Professor Patrick Honohan, may reach tomorrow at the ECB council. What are the implications for the IBRC debts if a suitable deal is not concluded tomorrow? I ask the Minister to...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: With respect, we had unruly interventions from the Government side and the time provided for the debate is short. I regret the manner in which this legislation was introduced. In future, there should be much better engagement from the Minister with the relevant spokespersons and from the Taoiseach with the relevant leaders.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: I did not interrupt the Taoiseach or the Tánaiste.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: It is on the record. He said the impact without a guarantee would have been absolutely catastrophic, over and above the very negative impact of the recession itself.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: In that context, when the Minister came to power there was €36 billion for unguaranteed bondholders, with €16 billion of that unguaranteed and unsecured. Every one of them was paid.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: That was nothing at all to do with the bank guarantee or the bailout. There should be less grandstanding. The parties opposite promised before the last election that they would burn the bondholders. That did not happen and the Government moved to the promissory note. That was fine.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: At this stage the people deserve better than the melodrama and grandstanding.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: They deserve better than to have people here who are disingenuous and dishonest in their presentations this evening.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Micheál Martin: The people should be able to do without that.