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Written Answers — National Asset Management Agency: National Asset Management Agency (12 Jan 2011)

Caoimhghín Ó Caoláin: ...91: To ask the Minister for Finance the number of National Asset Management Agency bonds that have been issued to date; the terms of same; the maturity of these bonds; the proportion of these NAMA bonds that are subordinated; the number of NAMA bonds that are envisaged for issue in total; and if he will make a statement on the matter. [1411/11]

Freedom of Information. (16 Feb 2010)

Caoimhghín Ó Caoláin: ...been entrusted to oversee and manage the National Asset Management Agency? What is his reaction to the revelation last month that the banks lobbied extensively to ensure that on its establishment NAMA would not come under the freedom of information legislation? What is the factual position in regard to that? Is the Taoiseach willing to look once again at the recommendation of the...

Freedom of Information. (16 Feb 2010)

Caoimhghín Ó Caoláin: ...example, that the Irish Banking Federation, in an explicit statement to the Department of Finance described as a "confidential submission", argued strenuously that the FOI Act should not apply to NAMA? There was no reference whatsoever to freedom of information in the legislation presented regarding NAMA. We had to depend on a query under the FOI Act to even know that such a submission...

Joint Oireachtas Committee on Health and Children: Closure of Mount Carmel Hospital: Discussion (18 Feb 2014)

Caoimhghín Ó Caoláin: ...; and a range of surgical procedures that were carried out at that hospital. Only a proportion of the 130 beds in the facility were designated for maternity purposes. As regards the role of NAMA in all of this, my understanding was that it had a social responsibility but it does not appear to have employed it in this particular instance. I am told that St. James's Hospital had plans...

Order of Business (14 Oct 2009)

Caoimhghín Ó Caoláin: Guillotine or no guillotine and irrespective of whether a raft of Deputies is left to speak is not the issue with regard to NAMA. While on principle we oppose the imposition of guillotines, the issue for us in opposing this is simply that we oppose NAMA, end of story and full stop. We do not want to see it progress to a further Stage here. We are opposed to the ordering of the conclusion...

Freedom of Information. (18 Nov 2009)

Caoimhghín Ó Caoláin: ..., the National Pensions Reserve Fund Commission and the State Claims Agency? Has he plans to bring any of these bodies under the terms of freedom of information? During the recent debate on the NAMA legislation, the Government voted down an amendment to ensure that NAMA came under the terms of the freedom of information legislation. That was bad judgment on the part of Government. Does...

Order of Business (22 Sep 2009)

Caoimhghín Ó Caoláin: ...information about the suggested cost to the public purse that was not before us then, such as information on contracts that have been concluded with Arthur Cox Solicitors, who are to give advice on NAMA for the future. This is a firm that has already been paid €3.7 million on advice to the Government about the banks. Consultants are also involved at a cost of €2,000 per day. This is...

Order of Business (12 Nov 2009)

Caoimhghín Ó Caoláin: The Sinn Féin Deputies do not agree to the Order Paper as presented by the Tánaiste this morning. Very simply, we oppose the NAMA proposition absolutely and the guillotine to be applied. Make no mistake about it, 37 amendments coming back from the Seanad is tantamount to an acknowledgement — an admission on the part of the Government because they are Government amendments — that what...

Freedom of Information (30 Nov 2010)

Caoimhghín Ó Caoláin: We addressed these questions last February. At the time I called on the Taoiseach to comment with regard to the view that the banks had lobbied strongly, and apparently successfully, not to have NAMA included under the Freedom of Information Act. The record shows the Taoiseach indicated at the time that there was no evidence of this and that the Taoiseach's view was that it should not be...

National Asset Management Agency Bill 2009: Second Stage (Resumed). (17 Sep 2009)

Caoimhghín Ó Caoláin: ...and make a commitment, here and now, that if this legislation is passed by the Houses of the Oireachtas it will support a petition to the President under Article 27 of the Constitution to put the NAMA Bill before the people in a referendum. The Constitution provides that the President may refuse to sign a Bill passed by the Houses of the Oireachtas if it "contains a proposal of such...

Banking System: Statements (1 Apr 2010)

Caoimhghín Ó Caoláin: I would like the Minister to shed some light in his answers on a couple of important matters specifically pertaining to the role of the auditing and accountancy firms, their role in NAMA and their previous roles in regard to some of those banking institutions. Little light has been shed on their particular roles. It is important that the Minister would use the opportunity to provide clarity...

Joint Oireachtas Committee on Health and Children: Closure of Mount Carmel Hospital: Discussion (18 Feb 2014)

Caoimhghín Ó Caoláin: On St. James' interest in the Mount Carmel facility, I asked specifically about HSE discussions with NAMA that had not been advised to St. James’s. I have been advised that the HSE voices endeavoured to present themselves as speaking for St. James’s. There is a serious matter there. I have asked the Minister whether he will address this matter and explore the detail of this...

Order of Business (27 May 2009)

Caoimhghín Ó Caoláin: The Government has promised legislation to establish the National Asset Management Agency, NAMA. Will there be other finance legislation before the summer recess? The codes of conduct for financial institutions are not sufficient and in the current climate-----

Suspension of Member (16 Sep 2009)

Caoimhghín Ó Caoláin: First, let me make it patently clear that we in Sinn Féin hold very strong views in opposition to the NAMA proposals which have been presented and are to be debated today.

Freedom of Information. (16 Feb 2010)

Caoimhghín Ó Caoláin: It is a little ironic that under the FOI Act we have evidence, contrary to the Taoiseach's response, that the representatives of the banking interests lobbied that the Act should not apply to NAMA.

Order of Business (1 Apr 2010)

Caoimhghín Ó Caoláin: ...in regard to speaking time on the banking issue, on Tuesday this week Government Members of this House supported a motion which transferred €1.93 billion of debt from Bank of Ireland to NAMA yet——

Freedom of Information (30 Nov 2010)

Caoimhghín Ó Caoláin: Has the Taoiseach noted the evidence given by the representatives of NAMA to the Committee of Public Accounts in recent weeks in which they indicated that the banks had been supplying them with false information? Surely, this is a serious matter.

Order of Business (5 Nov 2009)

Caoimhghín Ó Caoláin: NAMA should be opposed because it is a fundamentally flawed formula to address the difficulties that currently bedevil this economy. It was galling yesterday to witness the Minister for Finance sitting beside an OECD representative and calling for the slashing of child benefit, the minimum wage and social welfare payments across the board.

Order of Business (5 Nov 2009)

Caoimhghín Ó Caoláin: There is an infinitely better solution. Simply put, it is that the Deputies on the Government benches who privately share the concerns expressed by Opposition voices about NAMA, and privately share that opinion, take the courage to oppose the passage of the legislation when it is put to the House today or any other day.

Freedom of Information (30 Nov 2010)

Caoimhghín Ó Caoláin: The Taoiseach spoke about confidence in the banking system but people have no confidence in it. We need certainty. This proposal would not disadvantage the banking institutions or NAMA. There is basic information which should be readily available, I believe, given the banks are now, to all intents and purposes, State institutions and we are bailing them out at enormous cost.

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