Results 41-60 of 163 for nama speaker:Richard Boyd Barrett
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Richard Boyd Barrett: ...before but I suspect that it is the tip of the iceberg, I highlighted recently a block of apartments in Sandyford. I refer to the Robin Hill apartments in Balally. The apartments have been owned by NAMA since it was set up. NAMA has sat on between 15 to 20 empty units since it took them over the loan of the developer. Recently, NAMA sold the properties to a vulture fund that tried to...
- Other Questions: National Asset Management Agency (23 Oct 2012)
Richard Boyd Barrett: I have raised this issue on a number of occasions but I still cannot obtain a straight answer. The Minister of State is not answering the question that has been put to her. Why has NAMA only managed to identify 2,000 suitable units out of a possible 340,000 empty units? Those 2,000 units are not going to help reduce the numbers on the housing lists. Why is the Minister of State expanding...
- Leaders' Questions (9 May 2017)
Richard Boyd Barrett: A fantasy figure has just appeared, namely, that the State has apparently purchased 40,000 houses. The more accurate truth is that NAMA has flogged off thousands of homes or, worse, as the Balally example indicates, has sat on empty properties in public ownership and when local authorities sought to purchase them, it refused and chose to sell them to a vulture fund instead. The vulture fund...
- Land Development Agency Bill 2021: Report and Final Stages (30 Jun 2021)
Richard Boyd Barrett: .... This speaks to a major concern that we have about the conception that the Government has about the Land Development Agency. I remember the debates about the National Asset Management Agency, NAMA, what the agency would achieve and why it was such a good idea. As time went on, it became increasingly apparent that NAMA had a problem with delivery. Some of us did not like the idea of...
- Ceisteanna - Questions: Cabinet Committee Meetings (20 Sep 2017)
Richard Boyd Barrett: ...Government have left us with a national housing and homelessness emergency. I want to know more about the references the Taoiseach belatedly made - six years too late - to the possibility of NAMA, instead of flogging land and property as it has done for the past six years, being transformed into an agency to deliver social and affordable housing. I know that the Taoiseach is fond of...
- 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)
Richard Boyd Barrett: I will conclude on this point. It is crazy that we are being asked to look at this legislation before we know all the detail of precisely what is happening with what NAMA has, what could be done with it and the options that are available. All of it should be maximised to deliver social and affordable housing as quickly as possible. It should be serviced and whatever needs to be done to it...
- Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)
Richard Boyd Barrett: ...surmise from this is that back in 2011, 2012 or whenever, the Government decided it wanted to get these big property investors into the Irish property market to inflate the value of property for NAMA to make a profit. The consequence of this for the Government was it would be able to say NAMA had done its job, it had made a profit and the NAMA strategy had been a success. However, the...
- Leaders' Questions (21 Jun 2012)
Richard Boyd Barrett: ...and disingenuous response. We will continue to subsidise private landlords unless the State directly provides council housing. If there are 230,000 empty dwellings, many of them in the hands of NAMA and State-financed banks, they should be transferred directly into council ownership, but that is not what the Government is doing. Instead, it is continuing to pay State money to private...
- Leaders' Questions (9 May 2017)
Richard Boyd Barrett: ...that follows. Robin Hill, a development of apartments in Balally in Sandyford, was originally built by the McEvaddy brothers in 2008. The development, which consists of 52 apartments, went into NAMA at some point. For most of the time it has been in NAMA, at least 15 and possibly as many as half of the apartments have been empty while the housing crisis spirals out of control. In May...
- Ceisteanna Eile - Other Questions: Housing Policy (18 Apr 2019)
Richard Boyd Barrett: ...homelessness crisis for at least a decade. What can we do? We can dramatically ramp up council housing provision, the number of which the Government proposes to deliver is pathetic. For example, NAMA, which financed 2,500 homes last year that were sold on to the private sector, could be instructed not to sell properties into the private sector. We should be using NAMA owned land to...
- Ceisteanna Eile - Other Questions: Tax Code (25 Oct 2018)
Richard Boyd Barrett: The 2017 figure is misleading because we are talking about the window between about 2012 and the point at which the change was made in 2016. It was in this period that NAMA flogged off most of its land and assets, about €40 billion worth. It was not the little accidental landlord buying the stuff from NAMA; it was Kennedy Wilson, Cerberus, Lone Star and all these big boys. They...
- Committee on Budgetary Oversight: Priorities for Budget 2019: Irish Fiscal Advisory Council (19 Sep 2018)
Richard Boyd Barrett: ...threats, the housing threat is way beyond any other threat. The council should flag that more strongly. That is incumbent upon a body whose remit is to warn against overheating. For example, NAMA has more or less redeemed all its bonds. Whatever case is made about what it did with its assets up until now, I believe that NAMA continuing to sell off land is contributing to the...
- National Asset Management Agency (23 May 2012)
Richard Boyd Barrett: I welcome that NAMA funds might be invested back into the economy to create employment and hopefully growth, which seems entirely sensible. I agree completely with the Minister's earlier comments. However, in what should it invest? Are the investment and employment sustainable? What are the long-term impacts of investing in particular areas? Is the Minister not concerned that NAMA's...
- Other Questions: National Asset Management Agency (23 Oct 2012)
Richard Boyd Barrett: We are NAMA.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)
Richard Boyd Barrett: Does the deputation not believe a cooling off period of approximately two years following a period working for NAMA would be appropriate?
- Ceisteanna - Questions (Resumed): EU Presidency Engagements (26 Feb 2013)
Richard Boyd Barrett: Give them a brick from a NAMA building.
- Housing (Amendment) Bill 2013: Second Stage (2 May 2013)
Richard Boyd Barrett: It was all relevant. It was all about the lack of social housing and NAMA. One could go through the list. None of those speakers was pulled up. We are discussing housing.
- Other Questions: Rent Supplement Scheme Administration (16 Apr 2014)
Richard Boyd Barrett: NAMA is the cartel.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Richard Boyd Barrett: NAMA is mostly selling in job lots to corporate investors.
- Finance Bill 2015: Report Stage (24 Nov 2015)
Richard Boyd Barrett: What about funds that buy stuff from NAMA?