Results 1,581-1,600 of 1,974 for speaker:Arthur Spring

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Arthur Spring: What about rental incomes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Arthur Spring: Are rental incomes mandated directly to IBRC or do clients have autonomy over them?

Written Answers — Department of Justice and Equality: Garda Vetting of Personnel (25 Oct 2012)

Arthur Spring: To ask the Minister for Justice and Equality further to Parliamentary Question No. 1001 of 18 April 2012, and taking into consideration the following, the number of Irish persons who have emigrated in recent years, that the current Police Certificate of Character may be issued by an Garda Síochána only for the purposes of foreign consular and immigration requirements and for foreign...

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

Arthur Spring: Second, approximately how many of the 168 people currently on NAMA's books have businesses in receivership, in liquidation or have had administrators appointed to them?

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

Arthur Spring: Outside of the 168, therefore, there are additional people who could be in any of those situations who are being paid by the administrator or the receiver.

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

Arthur Spring: Effectively, that figure is a little larger. Regarding the people NAMA is consensually dealing with, obviously it has had the write-down of the debt from the bank. Is there further debt write-down going on within that agreement because these people will not be subject to the rigours of an administrator, a receiver or a liquidator? Does NAMA have the autonomy, without circulating through...

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

Arthur Spring: Ultimately, however, he still owes NAMA. It is not in a position to write it off.

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

Arthur Spring: On personal guarantees, the people who own NAMA are the citizens of Ireland and they want to see fairness being administered as equally as possible. Regarding personal guarantees, Mr. McDonagh has just alluded to the fact that some rental income was sent to places it should not have been sent to or rather than paying off the debt of the burden that is placed on citizens, personal guarantees...

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

Arthur Spring: How co-operative have the banks and the legal institutions here been in providing NAMA with information on the transactions they would have been involved in for those people and their extended groups?

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

Arthur Spring: I can understand that from a gearing perspective but some assets were still outside of what they would consider to be group security, as we would call it.

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

Arthur Spring: It is comforting to know that is going on. When I worked with Merrill Lynch the New York securities exchange commission said that if anybody trading in shares, and property is very close to that, was doing the audited accounts or working at a high level they had to provide information to the groups they were working for to allow them be scrutinised to ensure insider trading was not...

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

Arthur Spring: What is the biggest challenge NAMA is facing, and what can we do to assist it overcome that?

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

Arthur Spring: I welcome Mr. McDonagh to the meeting. My first question is on rental incomes. Mr. McDonagh indicated that 90% of all rental income of NAMA properties is being diverted directly to NAMA. Heretofore, I presume that a great deal of that rental income was not going directly to NAMA and that many of the accounts relating to properties, office blocks, shopping centres, etc., were held offshore...

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

Arthur Spring: How many of those accounts has NAMA found that performed correctly and that money was put back into the bank accounts, etc? How many of them did NAMA find did not account for the money and what has NAMA done to pursue those?

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

Arthur Spring: Is that the case? Has NAMA found that to be the case in some instances?

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

Arthur Spring: Is NAMA going to try to retrospectively get the moneys back?

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

Arthur Spring: The Deputy should be aware that we are under pressure with regard to time.

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

Arthur Spring: Would the Deputy like answers at this point?

Joint Oireachtas Committee on Transport and Communications: Review of Irish Coast Guard Service: Discussion (24 Oct 2012)

Arthur Spring: Apologies for interrupting, Mr. Mullen. I merely wish to point out that my questions were directed to Mr. Reynolds.

Joint Oireachtas Committee on Transport and Communications: Review of Irish Coast Guard Service: Discussion (24 Oct 2012)

Arthur Spring: I will be brief. The overarching principle is safety for people at sea and that people can call for help. Two thirds of all calls are being dealt with in Valentia at the moment. My questions relate to staffing in future. In 2007, it was apparent that Valentia never had any problems with staffing but this has been undermined on many occasions since. The uncertainty gives rise to people...