Results 21-40 of 50 for nama speaker:Caoimhghín Ó Caoláin

Cabinet Committees. (28 Apr 2010)

Caoimhghín Ó Caoláin: Which Cabinet committee deals with banking, the financial institutions, the State guarantee and NAMA? Would the Taoiseach accept that given the huge sums of public money poured into the financial institutions, it is not unreasonable for people to believe he who pays the piper should call the tune? We have learned, however, that the Minister for Finance approved the top-up to the pension...

Cabinet Committees. (28 Apr 2010)

Caoimhghín Ó Caoláin: ...did not address at all is in regard to what Cabinet committee currently has responsibility for addressing all of the areas concerning banking, the financial institutions, the State guarantee and NAMA. This is a huge area. With respect, given the particular roles of the Minister for Finance, there is a concern that there needs to be some Cabinet grouping with which-----

Order of Business (22 Apr 2010)

Caoimhghín Ó Caoláin: ...into the role of these audit and accounting firms and their relationship with those particular financial institutions has commenced? Given these firms have a direct role in the business of NAMA, there are serious questions with regard to them.

Banking System: Statements (1 Apr 2010)

Caoimhghín Ó Caoláin: ...a hotel investment. Provision has been made for the possible non-repayment of almost €22 million of the €27.3 million in loans to Mr. Bradshaw. The Government is writing down these loans via NAMA and recapitalising the bank. Where are these men who benefited from the loans? Seán Fitzpatrick spent 24 hours in a police station in Bray. Is that the going time for someone who has...

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——

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...

Nomination of Members of the Government: Motion (Resumed) (23 Mar 2010)

Caoimhghín Ó Caoláin: ...flawed economic approach of the Fianna Fáil-Green Party Government. Its slash and burn policy will not lead to recovery but to deeper recession. Just as this policy penalises citizens today, NAMA will penalise them in the future. The golden circle of politicians, bankers, property speculators and the corporate elite, who profited most from the Celtic tiger and caused the recession, are...

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: 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.

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...

Order of Business (10 Feb 2010)

Caoimhghín Ó Caoláin: ...are calling for. It is a matter of such importance. We were told there would be a new, almost social, conscience on the part of financial institutions in the advent of the bank rescue scheme and NAMA, albeit this particular institution is not covered by either of these. Nevertheless, we cannot endure a situation where 750 workers will be just dumped on the pavement as a result of a...

Banking Crisis: Motion (19 Jan 2010)

Caoimhghín Ó Caoláin: ...across all institutions. The Irish public has already poured €7 billion in recapitalisation payments into Anglo Irish Bank, AIB and Bank of Ireland; more than €50 billion will be spent on NAMA; and billions more will be required for future recapitalisation. Yet the public still do not know exactly how or why this situation came about. We should make no mistake about it: the figures I...

Financial Resolution No.5: General (Resumed). Debate resumed on the following motion: (10 Dec 2009)

Caoimhghín Ó Caoláin: ...harmonisation on this island as a whole. The real background to this budget, the herd of elephants, not just a single elephant, in the room, is the €54 billion of the people's money poured into NAMA to bail out banks and developers and to put future generations in debt. The Government's claim of needing to take €4 billion out of the economy to close the deficit and show fiscal...

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 (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...

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.

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 (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...

Medical Practitioners (Professional Indemnity)(Amendment) Bill 2009: Second Stage (13 Oct 2009)

Caoimhghín Ó Caoláin: ...address the issue of our health service providers and our health system of which we have heard relatively little in the House recently. The economic crisis, the collapse of financial institutions, NAMA, the massive deficit in the public finances, the exposure of extravagance on the part of those in high office and the growing levels of mass unemployment have all served to obscure the...

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...