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Topical Issue Debate: Public Service Obligation Services (1 Oct 2015)

Patrick O'Donovan: I thank the Minister for his response. The Minister is correct that the sound and vision fund represents 7% of the total licence fee. However, half of that 7% went to RTE and TG4 last year, which increased the amount going into that area to well over €180 million, with less than half of it available to all broadcasters across the country, commercial, community and everybody else. The...

Public Accounts Committee: Business of Committee (1 Oct 2015)

Patrick O'Donovan: The Comptroller and Auditor General mentioned irregularities within local development companies in No. 4.31. Is the Office of the Comptroller and Auditor General looking at this or is it being looked at in the Department? At what stage will we get more information? Do we know which development companies are involved?

Public Accounts Committee: Business of Committee (1 Oct 2015)

Patrick O'Donovan: Do we know the scale of the irregularities?

Public Accounts Committee: Business of Committee (1 Oct 2015)

Patrick O'Donovan: Is that the sum involved between the three of them.

Public Accounts Committee: Business of Committee (1 Oct 2015)

Patrick O'Donovan: Who are the three companies?

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: I welcome Mr. McKay. Has the committee sought a meeting with Deputy Mick Wallace?

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: While the committee members are in Dublin today, is it their intention to meet him? Has the committee requested a meeting with him?

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: Has he refused to meet the committee?

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: He has refused to co-operate with the committee.

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: Briefly Chairman, has the Northern committee requested Cerberus and the other unsuccessful bidders to appear before it?

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: Have they responded?

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015)

Patrick O'Donovan: Has the Northern committee received any reply from PIMCO?

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

Patrick O'Donovan: I welcome the witnesses. In his statement earlier and previously in July, Mr. McDonagh referred to NAMA's difficulties with the retention of staff. It was one of the issues he was concerned about for the future. He said that from the outset NAMA recruited staff with a diverse range of skills in the assessment of assets, including property development, asset management, architecture,...

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

Patrick O'Donovan: When NAMA appointed a receiver, was an assessment carried out of those assets?

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

Patrick O'Donovan: Did the receiver assess this building, and all of the others, to determine whether they were in compliance with the building regulations?

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

Patrick O'Donovan: Has NAMA a role now-----

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

Patrick O'Donovan: -----in resolving this issue for the people who are living in a fire trap?

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

Patrick O'Donovan: The people who are at the centre of this were on the news last night. They have to rear their families and live in this development. They bought the properties in good faith. This wound up, along with everything else, almost pulling down the country. It is a symptom of everything that was rotten in this country. They are stuck in the middle of it. A receiver was appointed. It appears...

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

Patrick O'Donovan: How big a problem is this in respect of the other assets of this debtor? Obviously, NAMA has wound up with other blocks of apartments from the same debtor.

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

Patrick O'Donovan: Has NAMA assessed those on the basis of what the fire services have said?

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