Results 41-59 of 59 for nama speaker:Ivana Bacik

Seanad: Order of Business (21 Oct 2009)

Ivana Bacik: ...of the Seanad and I would also like to propose an amendment to the Order of Business on behalf of the Labour Party that instead we debate what is being debated throughout the country, namely, NAMA's business plan which was published last week. It is being debated everywhere but not in the Upper House where we should see relevant debate take place every week. Will the Leader amend the...

Seanad: Order of Business (21 Oct 2014)

Ivana Bacik: ...we all welcome. Senator O'Donnell referred to Irish Water and I have already responded to that issue, as well as the amendment to the Order of Business. I will await her response. Senator Higgins referred to the sale of a NAMA site on Sir John Rogerson's Quay. There is a comment about this in the Irish Independent today, which I read with concern. I would be happy to seek a debate...

Seanad: Order of Business (17 Nov 2009)

Ivana Bacik: ...House about the leaking of announcements from AIB and a need for a debate on control of the banks and who in them is calling the shots. It is extraordinary, in the wake of the lengthy debates on NAMA we had last week, that the taxpayer is shouldering the entire risk but the State, which should act in the public interest, cannot assert any control over who is appointed to the boards of the...

Ceisteanna - Questions: Commissions of Investigation (5 Apr 2022)

Ivana Bacik: ...indicate if it is envisaged that the work of the Siteserv inquiry is likely to be extended again beyond this August and confirm whether that will then increase the level of projected cost? On the NAMA commission of investigation, which has now been in existence for five years, is it expected that it will report by the end of June 2022 and, again, will the cost exceed the projected...

Seanad: Order of Business (21 Oct 2014)

Ivana Bacik: There was a far better approach taken to the debate in the Seanad than to the debate in the Dáil. Senator Daly spoke of water charges and NAMA and I responded. The Senator also spoke of the desecration of the grave of William T. Cosgrave and I appreciate his comments as it is important that we all condemn the desecration of any grave but particularly that of a person who played such a...

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (11 Nov 2009)

Ivana Bacik: ...we could adopt here is that banks which wrongly refuse to lend to viable businesses are named and shamed. It is a constructive suggestion from this side of the House to ensure the key purpose of NAMA is achieved. I ask the Minister to strengthen the wording by substituting "may" with "shall" in section 210(1) and also to strengthen the vague idea in paragraph (b) of that subsection which...

Seanad: Order of Business (28 Sep 2011)

Ivana Bacik: ...another one given the figures published today. I thank Senator Keane for a very constructive contribution on the matter in which she spoke of the need to link the refuges which are full with empty NAMA buildings. Senators Keane, Paul Coghlan and Barrett called for a debate with the Minister of State with responsibility for housing, Deputy Penrose, on NAMA, which is one we should have as a...

Seanad: Order of Business (2 Jun 2011)

Ivana Bacik: ...topic, as well as the environment and the charges Senator O'Brien mentioned. Most pressingly, we need to have a debate on the economy. Yesterday, for example, some Senators sought a debate on NAMA, while I sought a debate on white collar crime, particularly in the absence of any prosecutions arising from the banking scandal. The need for a debate on the economy has been thrown into...

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (11 Nov 2009)

Ivana Bacik: .... However, this is the key section which deals with the overriding public interest - the need to ensure the availability of credit to borrowers, including small and medium enterprises - with which NAMA is really concerned.

Seanad: Banking Reports: Statements (15 Jun 2010)

Ivana Bacik: ...narrowed the eventual resolution options for the failing institutions and increased the State's potential share of the losses. Again, to put it bluntly, this meant we were on a road that led to NAMA. At paragraph 1.27 the report says it should have been clear at the time the open ended guarantee was provided that the two institutions were on the road to insolvency, and another key point,...

Seanad: Homelessness Strategy: Motion (5 Feb 2014)

Ivana Bacik: ...motion. The housing-led approach seeks to ensure that people can access permanent housing, and that is the primary response. There are several different ways in which this has to be done. The supply of NAMA housing stock is undoubtedly one of those, and that aspect of the Fianna Fáil motion is right, but we have also addressed that in our own motion. We have spoken about the need...

Seanad: Order of Business (9 Feb 2010)

Ivana Bacik: ...credit by banks on unreasonable and unjustifiable grounds can appeal to an independent mechanism to have the decision overturned. I was reminded of this by news reports on the IMF's view of NAMA and a newspaper report yesterday on a small bakery business in Dublin city centre which was refused credit by a major bank on what appear to be most unreasonable grounds. This is the type of real...

Seanad: Order of Business (9 Feb 2012)

Ivana Bacik: ...Order of Business. It is very important that Senators remain for the Leader's response. That is a courtesy and as leaders we must all support it. Yesterday some colleagues called for a debate on NAMA and the amount paid to legal firms by that body. I raised this matter some weeks ago in terms of procurement of legal and accountancy services and it is one on which we could usefully have...

Seanad: Order of Business (19 Feb 2014)

Ivana Bacik: ...was raised by a number of people who had very real concerns about the 13,000 persons who could be affected by this - concerns I share. As I explained yesterday, the sale has not yet been made. NAMA is one of the bodies to whom the business may be sold. It is expected that the code of conduct will be adhered to by whoever buys it. I gave a full answer yesterday and the Senator can look...

Seanad: Supplementary Budget Statement 2009: Statements (9 Apr 2009)

Ivana Bacik: ...a 15% discount on the book value of these assets and will only be obliged to take on 85% of the risk. The bulk of this risk will be taken on through the proposed national assets management agency, NAMA, in a gamble of monumental proportions. It is particularly monumental when one considers the context. The total public expenditure figure for this year is just over €60 billion — €20...

Seanad: Order of Business (30 Jun 2011)

Ivana Bacik: ...matters in the House before the end of July to consider legislation. Senator Jim Walsh raised similar issues to others and seconded Senator Mark Daly's amendment to the Order of Business on the NAMA Bill, which is accepted. Senator Paul Coghlan asked for the Ministers for Jobs, Enterprise and Innovation and the Environment, Community and Local Government to come before the House to discuss...

Seanad: Criminal Justice (Money Laundering and Terrorist Financing) Bill 2009: Second Stage (2 Mar 2010)

Ivana Bacik: ...called for a debate on banking. We are seeing the cost of the bailout of Anglo Irish Bank, in particular, rise at an alarming rate. We see the great concerns about the costs we will incur through NAMA. We have seen Postbank going to the wall. It is worth reflecting on our failures to regulate efficiently and effectively in the past to ensure our banking sector did not get carried away...

Seanad: Order of Business (30 Jun 2011)

Ivana Bacik: ...in September. Clearly, the bonus culture is one of those issues. Senator Darragh O'Brien also raised issues about pension schemes in the public sector, in particular pension schemes for NTMA and NAMA employees. Again, these would be useful issues to debate with the Minister for Finance in the House. Senator Clune raised the issue of the census and electoral reform, which was also raised...

Seanad: National Recovery Plan 2011-2014: Motion (30 Nov 2010)

Ivana Bacik: ...to the need to ensure adequate credit flows to the small businesses which can support job creation, even during the recession. These businesses are being starved of credit. During the debate on NAMA, the Minister for Finance promised that a credit ombudsman mechanism would be established. France has established a very successful independent ombudsman model to which small businesses can...