Results 7,501-7,520 of 8,400 for speaker:Mark Daly
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: I not only have correspondence, I have had meetings with it. It said it had nothing to do with it. British Land states that NAMA had given agreement for the sale to go ahead. McAleer and Rushe which owes the Irish taxpayer money will make a profit from this land even though it still owes us â¬28 million. I ask Senator Coghlan to outline how that is in the best interests of taxpayers....
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: I move: "That the Bill be now read a Second Time." I welcome the Minister, Deputy Michael Noonan, to the House. This is important legislation and I ask the Minister to consider it thoroughly. The people of Ireland must have confidence in institutions of the State. On 20 February 2012, the Financial Times described NAMA as one of the largest property companies in the world. On 26 January...
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: This property was not placed on the open market. How was that in the best interests of the Irish taxpayer? Could my colleague, Senator Coghlan, outline how on 16 April, a trust was set up in Jersey? A legal agreement signed in Westminster City Council shows that McAleer and Rushe had a beneficial interest in this trust. Was this to deceive the Irish taxpayer? On 21 September 2011, in a...
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: For the information of Senator Coghlan, I received a letter which told me they could tell me nothing. If a situation like Baker Street arose in the future, this Bill would ensure that everybody would know the property was for sale, that anyone could bid for it and there would be confidence in NAMA and the IBRC as a result. At present there are back room deals going on which are not anything...
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: Will Senator Coghlan please explain how the Bill-----
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: As an auctioneer, I have no idea how Senator Paul Coghlan could say that property being sold on the open market is not in the best interests of the taxpayer.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: Was the sale of the property in Cork in the interests of the taxpayer?
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: How would the Bill, which proposes transparency, do that?
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: The case in Cork shows exactly the opposite.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: Is Senator Coghlan aware of the NAMA website?
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: The Chairman of the Committee of Public Accounts would disagree with Senator Coghlan's view.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: The Senator would need to read the minutes of the last PAC meeting.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: With all due respect to my colleague, his Taoiseach and Leader has questioned me on that. Senator Coghlan has not-----
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: On Wednesday, 15 June last year, he questioned NAMA's activities. I have outlined in this House, if the Senator was listening, that NAMA has sold property in Baker Street and in Cork, of which Senator Coghlan is aware, and that it gave them away.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: Hold on until I get you the paper.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: There is one in Cork and Nos. 2 to 14, Baker Street and I can give all of the information to Senator Gilroy.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: I did give evidence and Senator Coghlan is aware that if anybody gets a 52% uplift in one year the taxpayer does not get a benefit from it.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: One person who backed me up in June last year was the Taoiseach so I am in good company.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: If the debate had not fizzled out we would not be here this evening.
- Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)
Mark Daly: I provided it to NAMA.