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Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (6 Oct 2020)

Brian Stanley: 91. To ask the Minister for Housing, Planning, and Local Government if he will address the position of persons whose income is above the threshold for social housing but not sufficient to secure a mortgage from a bank or lending facility. [28357/20]

Written Answers — Department of Housing, Planning, and Local Government: Housing Provision (6 Oct 2020)

Brian Stanley: 342. To ask the Minister for Housing, Planning, and Local Government his plans to roll out affordable housing in the midland's region. [25963/20]

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes (6 Oct 2020)

Brian Stanley: 513. To ask the Minister for Employment Affairs and Social Protection the position regarding community employment participants that are over 55 years of age; the maximum number of years they can be on the scheme; and the variation that may apply to those that entered community employment under the part-time jobs opportunity. [28268/20]

Written Answers — Department of Health: Income Inequality (6 Oct 2020)

Brian Stanley: 631. To ask the Minister for Health if the inequality in income vis-à-vis a trainee, a child and educational psychologist and a clinical psychologist undertaking a doctorate who receive a starting salary of approximately €33,000 will be addressed; and if he will make a statement on the matter. [28091/20]

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: This morning we are engaging with witnesses from the National Asset Management Agency, NAMA. I welcome our witnesses to today’s meeting and thank them for the briefing they have provided to the committee. The focus of today’s meeting is NAMA’s financial statements for 2019, and the Comptroller and Auditor General's special report 109 on NAMA’s management and...

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: As we are constrained by time, while the witnesses need to be treated with respect and fairly I ask them to answer questions directly and, if possible, that they are not passed between the various members of the witness panel so that we can carry out the business of the meeting efficiently. I apologise. Before we get to questions I call on Mr. McDonagh to make his opening statement.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: The next speaker is Deputy Munster.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: I ask the Deputy to move on to her next question.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: The Deputy's time is up.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: Allow the witness to answer the question.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: Deputy Carthy has five minutes.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: We will be moving onto the next speaker and I will ask Mr. McDonagh to make a brief response.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: I thank the Deputy and call now Deputy Burke who is the next member to speak.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: We will be moving to Deputy Hourigan. Deputy Burke briefly now to conclude, please.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: I call Deputy Hourigan to speak, now.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: I have some questions for the chairman of the board of NAMA. NAMA informed Avestus of the €125.5 million repayment target it aimed to achieve, and Avestus was given six months to meet that target. Despite the importance of that exchange, NAMA, as far as we can ascertain, did not document that communication process or put the proposal in writing to Avestus. As the chairman of the...

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: If you had been there, would you have done it?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: What you are saying is that it should have been done at the time.

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: I refer to the exclusivity of the offer to Clairvue. This is something that when it arises in practice always raises questions not just in respect of NAMA but also other bodies. If one is bringing a car for which one paid €4,000 to a car auction, and the first person one meets inside the gate offers €4,000 and one decides to take it and go home, it would not be good practice,...

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019
(8 Oct 2020)

Brian Stanley: With respect, going by the CEO's earlier answer, it was not carried out by suitably qualified people in the context of a multimillion euro deal such as this.

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