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Results 361-380 of 1,071,851 for in 'Dáil debates' OR (speaker:Damien English OR speaker:Niall Collins OR speaker:Brian Stanley OR speaker:Rose Conway-Walsh OR speaker:Richard Bruton OR speaker:Alan Kelly OR speaker:Michael Ring OR speaker:Catherine Murphy) in 'Committee meetings'

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: We are talking about a very small number of records transferring in the context of this legislation. Mr. Carville is telling me that despite the pain felt by the public, they will never actually have an opportunity to get some sort of historical overview of what happened. There would be records there to provide a chronology of that but they will be destroyed. Have the records prior to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: I find it extraordinary, given the pain that people felt, that they are not going to, at any point, be able to see some of the records. I understand that people's names and certain personal details could not be released but I do not understand why even a general range of things or some of the records relating to some of the biggest transactions would not be held for at least a period of time...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: Okay. I might pursue that in a different direction. Mr. Carville talked about other jurisdictions and how NAMA was constructed. There were obviously flaws in the legislation in that there were people who may well have been a director. There was certainly a difficulty with the definitions in the legislation. On the face of it, there are people who got back control of their assets. Is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: We all probably hope that something like this will not happen again. However, it is important to make sure we learn some lessons from it in terms of deficiencies. I thank the witnesses.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: I will not be long. It is critical, in light of everything that has happened with the waste of people's money and money that could be sent to other places, and we are talking about €321 million by the end of 2024, that the C and AG carry out an investigation into that. Mr. Carville stated that it has done its very best. How do we know it has done its very best, with €321...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: It relates to NAMA.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: The analysis that has been done says this legislation is also expected to have a neutral impact on the economy. Surely, it cannot be true to say that it will have a neutral impact on the economy. Surely, there has to be a correlation between the activities of NAMA and house prices as they are today.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: I did not give a figure. I asked how much has been spent on litigation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: I want to go back to the destroying of records. A question was asked as to whether, as we speak, those records have been destroyed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: Can we find out for the committee whether they have been destroyed? If they have not been destroyed we need to make sure we have a paper trail and that we have records that can be analysed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: This is not an ordinary liquidation we are speaking about.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: As legislators we have to do everything we possibly can to examine what has gone on here. We have to remember that when NAMA was set up it had absolute and total control of the property market, land development and everything else. We now have a situation a number of years later whereby nobody can afford a house with everything that has gone on in the midst of a housing crisis that is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: Who decides what is kept and what is destroyed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: I will leave it there because I want to give a chance to others to contribute.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: It would require change in other legislation to stop that from happening, and that would have a bearing on liquidations generally. Is that what Mr. Carville is saying? Could it be specific to particular liquidations?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Rose Conway-Walsh: How much money has been spent on litigation in the cases that are being contested?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Richard Bruton: The witnesses have said that, overall, the number on sub-minimum rates corresponds to 0.7% of employees. The key issue seems to be the current pressure on the hospitality sector, which says that the move towards the living wage has created big pressure in that sector and complains of very high rates of closure. Do the witnesses have evidence of what share of employees in the hospitality or...

Saincheisteanna Tráthúla - Topical Issue Debate: Renewable Energy Generation (18 Sep 2024)

Ossian Smyth: I thank the Deputy. The answer indicates the Department of housing has no plans to introduce more specific guidelines on how solar farms should be developed. The Deputy asked about that. The Department is saying it is bringing in regional capacity allocations. In other words, these are projections for the amount of solar power we have produced in each region of Ireland. Those are to be...

Saincheisteanna Tráthúla - Topical Issue Debate: Renewable Energy Generation (18 Sep 2024)

Cuireadh an Dáil ar athló ar 11.14 p.m. go dtí 9 a.m., Déardaoin, an 19 Meán Fómhair 2024. The Dáil adjourned at at 11.14 p.m. until 9 a.m. on Thursday, 19 September 2024.

Saincheisteanna Tráthúla - Topical Issue Debate: Road Projects (18 Sep 2024)

Ossian Smyth: The proof that road projects are proceeding and being completed in Kerry is shown by the Listowel bypass, which was completed this summer. This year, €4.7 million was allocated for the construction of new national roads in Kerry and another €9.7 million was allocated for the improvement of the existing network. This is in addition to approximately €119 million in...

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