Results 16,441-16,460 of 26,579 for speaker:John McGuinness
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: In his reply to Deputy Connaughton, Mr McDonagh spoke about the sale of lands. I want to check with him if NAMA evaluates the performance of receivers?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: What role does NAMA have in that?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Has Mr. McDonagh ever had a complaint regarding a receiver and property and such property being almost allowed to run down and therefore eliminating the possibility of getting the best possible sale price for the taxpayer?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Would the receiver be allowed to employ someone who perhaps has had some other association with NAMA or does a receiver employ someone who is absolutely independent in terms of managing these properties?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: In a partnership position we could have one partner in NAMA and the other partner, having declared themselves bankrupt, could still be employed by NAMA. We could have all of that.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Has Mr. McDonagh examined those specific circumstances to make sure that their business is being properly conducted in that way?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: In all the complaints NAMA received in regard to this matter, would any of those complaints have been withheld or been found to be correct, or would they all have been found to be spurious?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: No. I am talking about the outcome.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Did NAMA ever delist them or take anyone off its list of receivers?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: You have.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: In terms of the receiver appointing an auctioneer to dispose of some property, does NAMA insist that the auctioneer firm or individual auctioneer appointed is specific to that type of business, in other words, if he or she was disposing of agricultural land, that it would be someone whose name would be attached to that sector, or do you mine?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: If you had a complaint about that, you would investigate it.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: An eight acre site was sold for €688,000 in a particular location and the general comment locally is that people were not aware of the sale, that it was sold at a give away price, that there were others interested in it and that the sale of the land did not realise its true value. I raise this matter with Mr. McDonagh because if that was the case, the taxpayer would not have got...
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Okay. I will come back to Mr. McDonagh later on. I call Deputy Perry.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: I will get the individuals to complain and I will monitor the process just to see how fair it is.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Before calling Deputy Paul J. Connaughton, I ask the witnesses to clarify the position on a question asked by Deputy Mary Lou McDonald about the mechanics of the mediation process. Is it the case that NAMA has its representatives in one room, that the client has his or her representatives in another and that somebody is going to and fro between both parties, or do all parties sit around a...
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: For example, in this room, there is the client and his or her legal representatives. Is that correct?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: Likewise, NAMA would have people with the same skills set and so on. The mediator is the person in the middle. Will Ms O'Reilly tell me about the mediator and his or her qualifications generally?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: One would have lawyers on one side, lawyers on the other side and lawyers in the middle.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
John McGuinness: As Ms O'Reilly said, a mediator generally has a legal background. What does she say to an individual who sees this as the might of the State against the citizen? On one side one has NAMA with all of its expertise, knowledge of law and figures, developers and individuals, land and transactions. On the other side one could have a developer with the same expertise or an individual with far...