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Other Questions: Children's Rights Referendum (25 Oct 2012)

Peter Mathews: I accept that further questioning under Question No. 1 was limited to the presenter of that question, which was of similar substance to the question now before the House. Therefore, I will allow further questions on the topic covered in Question No. 10.

Other Questions: Retail Guidelines (25 Oct 2012)

Peter Mathews: The Minister can consider it read into the record.

Other Questions: Retail Guidelines (25 Oct 2012)

Peter Mathews: The Deputy's point is well made, but it is not really a question.

Ceisteanna - Questions - Priority Questions: Foster Care (25 Oct 2012)

Peter Mathews: I thank Deputy Mattie McGrath. That was neat and tidy. I like that.

Ceisteanna - Questions - Priority Questions: Bullying of Children (25 Oct 2012)

Peter Mathews: The Minister will have little time to answer.

Ceisteanna - Questions - Priority Questions: Bullying of Children (25 Oct 2012)

Peter Mathews: Deputy, you have left the Minister only 40 seconds to reply.

Ceisteanna - Questions - Priority Questions: Bullying of Children (25 Oct 2012)

Peter Mathews: I remind Deputies that there are two minutes allocated to reply formally and four minutes for a supplementary question and answer. I will be tighter the next time.

Ceisteanna - Questions - Priority Questions: Children and Family Services (25 Oct 2012)

Peter Mathews: Will Members be as tight as they can in their questioning, otherwise we will go out of time control?

Prospects for Irish Economy: Statements (Resumed) (25 Oct 2012)

Peter Mathews: As a newcomer to this Chamber I ask Deputies to park the petty, partisan politics of the past. We are in a slow motion crisis that has led to job losses, emigration, financial stress, family break-ups, family worries and even suicides. We have actually managed, despite that territory of ruin and misery, to start the work of site clearance. The Government, which is a coalition government,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: Well done. Keep it up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: What did they start at when NAMA bonds were issued?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: What is the cost of those? What is the coupon rate? It is variable based on LIBOR, is it not?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: What is that rate at the moment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: That is for nothing from their point of view.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: On the arithmetic side, the vendor finance is becoming a growing source of revenue and is an asset from bank point of view of NAMA. What rate of interest is charged on that? For what term is the vendor finance provided?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: The margin of 2.5% is clear gross profit.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: In the United Kingdom, the Anglo-Saxon world. However, that does not obtain in the United States and elsewhere in Europe.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: Yes, but indexation works with the economy. I am a little concerned about conflicts of interest. The NAMA divisions in the IBRC, AIB and Bank of Ireland comprise 200, 200 and 100 people, respectively, and I note the accounting firms also have NAMA divisions. My concern about accounting and legal firms is that those firms which are doing work for NAMA have partners within them which also...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: Will Mr. Daly remind me of the other two shareholders?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Peter Mathews: Is that not a subsidiary of Bank of Ireland?

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