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Seanad: Order of Business (9 May 2012)

Paul Coghlan: That commitment is being honoured. The Deputy Leader will expand on that. Senator O'Brien was running ahead of himself when he spoke about the question of waste water. He knows that no charge whatsoever will be introduced before 2014.

Seanad: Order of Business (9 May 2012)

Paul Coghlan: These are early days. A great deal of detail has yet to be worked out. A brand new authority is being established as a subsidiary of Bord Gáis. The Senator will hear the Minister speaking about this often in due course. There are more serious matters in this country at the moment, such as the referendum that will take place on 31 May next. On the question of water, a great deal has yet...

Seanad: Order of Business (9 May 2012)

Paul Coghlan: The Senator will get all the detail in due course.

Seanad: Order of Business (9 May 2012)

Paul Coghlan: I do not have a question for her. I look forward to hearing her response. The third issue raised by Senator O'Brien was a justice matter. He knows well that the Minister for Justice and Equality will be in the House tomorrow. The Senator will be able to address anything he likes to the Minister when he contributes to that debate. I look forward to hearing the Deputy Leader expanding...

Seanad: Order of Business (3 May 2012)

Paul Coghlan: That will be the day.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: He was very good. We appreciate it.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: As I stated, that is appreciated.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: I think those points are taken and I would not get upset. The Government and Fianna Fáil is playing on the same team in this regard and the matter is being taken very seriously. I wish to refer to an entirely different item, which is that yesterday, my friend and colleague, Senator Daly, made a serious and unwarranted charge with regard to NAMA. He spoke of approximately 450 acres of...

Seanad: Order of Business (3 May 2012)

Paul Coghlan: I do not.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: I am rebutting something that was stated seriously in this Chamber yesterday. I put on record that two independent valuations of approximately €10,000 an acre were carried out by reputable firms in that regard. When NAMA acquired that loan, it reflected the state of the market at that time. It was sold in one lot at a price significantly above what the agency paid for it and...

Seanad: Order of Business (3 May 2012)

Paul Coghlan: This is the important bottom line.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: Savills, which is a highly reputable firm, acted on its behalf. It had checked the market and was in touch with all interested parties. I can only conclude that someone who did not get his or her own way-----

Seanad: Order of Business (3 May 2012)

Paul Coghlan: -----got in touch with Senator Daly about the matter to give vent to his or her upset.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: The point is-----

Seanad: Order of Business (3 May 2012)

Paul Coghlan: He did not pay up or shut up in the past when raising this issue.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: Senator Daly should sit down. He will be called in due course.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: I appreciate what the Cathaoirleach is saying and always have obeyed his rulings. I will await the Bill that Senator Daly has promised to sponsor and then I will comment further.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: Hear, hear.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: Incorrect.

Seanad: Order of Business (3 May 2012)

Paul Coghlan: And treated as such.