Results 381-400 of 1,061,481 for in 'Dáil debates' OR (speaker:Tom Kitt OR speaker:Duncan Smith OR speaker:Seán Crowe OR speaker:Fergus O'Dowd OR speaker:Matt Shanahan OR speaker:Róisín Shortall OR speaker:Pearse Doherty) 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)

Pearse Doherty: The chief executive is paid €440,000. I presume there are people at a very senior level who are below that number.

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)

Pearse Doherty: The legislation states they will go into the NTMA and be seconded into this unit. Some of them are already employed by the NTMA and they may go back to their original roles. They will keep all of their wage structures despite the fact that their responsibilities will change because NAMA is being wound up. Is that correct? Is that what the legislation states?

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)

Pearse Doherty: If they do not require the person in NAMA who was getting hundreds of thousands of euro, according to this legislation they still have to be paid hundreds of thousands of euro even though the resolution unit may not need their expertise. Is that what the legislation says?

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)

Pearse Doherty: Are we going to just find a wee corner for them and pay them over in the corner? How does that work?

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)

Pearse Doherty: I am not talking about the chief executive. I made it very clear - there is an old structure below that. I am not individualising it. I do not even know whether that person is seconded and will go back to another role. I am not making it about any individual.

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)

Pearse Doherty: The intention is also to wind up the IBRC before the end of the year and transfer whatever remaining assets it has. The intention was to dispose of assets in Russia and Ukraine in 2024. Will Mr. Carville outline those assets for the committee and their value? Eye-watering fees are being charged by the special liquidator to liquidate the IBRC. The taxpayers feel they were taken for a ride...

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)

Pearse Doherty: It was more about the value of the Ukrainian assets.

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)

Pearse Doherty: Can we legislate for that? Why do we not put in this legislation that the C and AG should do a special report on the liquidation? I would like to know if the €310 million that has been spent so far on liquidating this entity was actually value for money. Why did the Department not do that? What is to stop us doing it now?

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)

Pearse Doherty: Is the Department open to allowing the Comptroller and Auditor General to do a report on the liquidation costs of the IBRC?

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)

Pearse Doherty: You know where property prices have been over the last number of years. The trajectory of property prices, both domestic and commercial, is known in the Department. Is that not fair?

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)

Pearse Doherty: This is a new Bill to liquidate it. Why do we not put that in now? What are the reasons not to?

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: I apologise to Mr. Hughes, my colleague Deputy Farrell and the Leas-Chathaoirleach for being late to the committee. I thank Mr. Hughes for coming to the committee. On the 4.5% increase in European travel over the last year, if Europe as a continent continues to grow at that rate or maybe slightly less or more, at what point does that become unsustainable and we reach a crisis level, or an...

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: That is fine.

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: We are in an environment where an awful lot of airlines are looking and planning to grow. As Mr. Hughes said, we are at a crisis point in the context of air traffic capacity. In that overall context, do bespoke or individual planning conditions, such as either passenger caps or total flight movements, help Eurocontrol to curb any further immediate growth, even though that may not be the...

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: That is interesting. On the sustainability side, I refer to sustainable aviation fuel and its production, future use, etc. Where are we at with that in the context of European aviation?

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: Is there light at the end of the tunnel on this? Are we making progress or is it a pipe dream?

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: We have been dealing with drone issues vis-à-vis Dublin Airport where they impinge on the airspace. In Balbriggan, County Dublin, private pilot projects have been set up for delivery of takeaways, packages and all the rest. That is happening in other parts of Dublin and the country. I am not sure I have any questions, as such, on what Mr. Hughes has presented today. It is...

Joint Oireachtas Committee on Transport, Tourism and Sport: Aviation Trends, Air Traffic Control and Drone Activity: Discussion (18 Sep 2024)

Duncan Smith: Yes, very thought provoking.