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Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: It is outlined in the minutes. Rather than having commentary between the Deputy and Deputy McDonald, it is fair to say that the issues pointed out by Deputy McDonald are not within the remit of the committee. The two points Deputy Deasy raised as to the two options were the options that were discussed on the last day. It is reflected in the minute of the meeting and we are proceeding on...

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: That deals with that matter. I will ask the Clerk to reflect on the minutes. We are not going to enter into a debate on this, Deputy Costello.

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: Let me be clear about this. The advice we received was in regard to the workings of the Committee of Public Accounts. It was absolutely and totally in relation to that. The information we received from the official in terms of the dossier is information that was given, as the legal advice said, to the individual Members of the House who happen to also be members of the Committee of Public...

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: I am not going to allow this to proceed.

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: I will move on. We will take on board what has been said and I will ask the Clerk to reflect again on the minutes and ensure that views of the members are included. No. 3 is correspondence. 3A.1 is correspondence, dated 26 November, from Ms Mary Considine, Shannon Group, concerning clarification regarding the IASS pension scheme, to be noted. Is Deputy Costello satisfied with the...

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: 3B is individual correspondence. 3B.1 is correspondence, dated 25 November, from Mr. Seán Ó Foghlú, Secretary General, Department of Education and Skills, regarding issues at Cork Institute of Technology, to be noted and published. It is a letter which is basically a holding letter. I understand that matters are being dealt with and we will be updated on the position as soon...

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: I presume it was. The Deputy has raised two issues. First, we will correct the record with the Transparency International. Second, it is important that this person be informed that the documentation has been widely circulated in the context of it going to Revenue, the Garda, Members of the House and so on. We cannot be responsible for what appears in the newspapers. 3B.6 is...

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: We can begin in public session. Before going through the business of the committee, I welcome the three new members. They are Deputies Patrick O'Donovan, Gabrielle McFadden and John Perry, who I served with when he was Vice Chairman of this committee during another term. He was also Chairman. I wish all of them well in their work. I extend our thanks to Deputies Kieran O'Donnell and...

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: No. 3 is correspondence received since our meeting on 27 November 2014, including correspondence from Accounting Officers or Ministers.

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: We were just agreeing the minutes from the previous meeting.

Public Accounts Committee: Business of Committee (4 Dec 2014)

John McGuinness: Before Deputy McDonald responds, I ask members to remove mobile phones from the desks.

Written Answers — Department of Finance: NAMA Operations (4 Dec 2014)

John McGuinness: 58. To ask the Minister for Finance if a situation has arisen with the National Asset Management Agency whereby a borrower claimed that it could achieve a better outcome for the taxpayer than could be expected from following NAMA’s proposed course of action; NAMA’s policy when facing a situation such as this, and in the event of such a situation occurring if NAMA’s...

Written Answers — Department of Finance: NAMA Operations (4 Dec 2014)

John McGuinness: 59. To ask the Minister for Finance if it would be appropriate for the National Asset Management Agency to make repeated demands for additional security over other assets, both unencumbered and encumbered, thereby prejudicing other creditors including the Revenue Commissioners, and if it is appropriate for NAMA to seek priority over other such creditors. [46570/14]

Written Answers — Department of Finance: NAMA Operations (4 Dec 2014)

John McGuinness: 64. To ask the Minister for Finance in the event of a borrower seeking to provide priority to another creditor over the National Asset Management Agency if the agency will consider such a borrower to be unco-operative. [46575/14]

Written Answers — Department of Finance: NAMA Property Sales (4 Dec 2014)

John McGuinness: 60. To ask the Minister for Finance if it is appropriate for the National Asset Management Agency to compel the sale of land where planning has lapsed even though a better price could be achieved if new planning was obtained. [46571/14]

Written Answers — Department of Finance: NAMA Property Sales (4 Dec 2014)

John McGuinness: 62. To ask the Minister for Finance if the National Asset Management Agency has ever refused a borrower consent to apply for planning permission on the borrower’s property; if so, the way such a refusal would be of benefit to the taxpayer. [46573/14]

Written Answers — Department of Finance: NAMA Property Sales (4 Dec 2014)

John McGuinness: 63. To ask the Minister for Finance the National Asset Management Agency's policy on borrowers proposing to increase the value of land by applying for planning permission and if this policy is transparent and objective. [46574/14]

Written Answers — Department of Finance: NAMA Property Construction (4 Dec 2014)

John McGuinness: 61. To ask the Minister for Finance the number of applications for planning permission that have been made on the instruction of the National Asset Management Agency on lands where the agency holds the loans since the establishment of the agency; the number made in each year since its establishment. [46572/14]

Written Answers — Department of Finance: NAMA Debtor Agreements (4 Dec 2014)

John McGuinness: 65. To ask the Minister for Finance if the National Asset Management Agency has taken control of a number of assets of borrowers including premium tickets for both Croke Park and the Aviva Stadium. [46576/14]

Written Answers — Department of Finance: NAMA Debtors (4 Dec 2014)

John McGuinness: 66. To ask the Minister for Finance in a situation where a borrower has disposed of all assets and has no prospect of repaying the outstanding balance, the procedures or actions that the National Asset Management Agency follows. [46577/14]

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