Results 61-80 of 229 for nama speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Pearse Doherty: Obviously the Minister has sat down with NAMA and there is a focus on disposing of assets and winding up the agency sooner than originally anticipated. Mr. McDonagh has said in previous responses to the committee that the review on early disposal indicated it would not be good to dispose in the next six months. No one is genuinely suggesting that, but has NAMA considered the idea of a...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Pearse Doherty: The questions are specific. We know NAMA paid just shy of €32 billion for these loans. We know €477 million of a write-down was given to NAMA, a large portion of €32 billion, as a result of poor documentation. Is this something an auditor is supposed to pick up? Should an auditor have picked up that €1 out of every €60 of the loans transferred to NAMA...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Pearse Doherty: So can you give the committee an example, because obviously we know that NAMA took on board the loans of commercial property into NAMA and you have made very strong submissions and strong critique of NAMA in the past. Yet, they weren't houses that people owned mortgages from in rural Ireland or indeed in the capital city, they were commercial property in the most, in the main. So when you...

Written Answers — Department of Finance: NAMA Debtors (7 May 2013)

Pearse Doherty: ...liquidated and the debt, insofar as possible, has been repaid and in relation to the discharge from bankruptcy in Britain of a person (details supplied) in November 2011, if he will confirm that NAMA has still not written off the unpaid debt originally owed by the person to NAMA, and that generally, NAMA has not yet written off any debt as a result of bankruptcy by its debtors in foreign...

Written Answers — National Asset Management Agency: National Asset Management Agency (12 Jun 2012)

Pearse Doherty: ...which shows that the National Asset Management Agency paid €4.86bn more than the acquired loans were worth by reference to November 2009 values, and further to the publication of the unaudited NAMA accounts for 2011 which shows that NAMA has booked a cumulative impairment charge of €2.3bn, and in view of the fact that commercial and residential property indices in Ireland indicate...

Other Questions: NAMA Loans Sale (21 May 2013)

Pearse Doherty: We need a very big debate in regard to the direction NAMA is taking, given the fact it has now bunched these loans into projects such as Project Aspen and Project Club. I am glad Project Club has been cancelled because there are serious questions in regard to individuals around that. Given the decision to sell portions of projects instead of individual assets, it is very clear NAMA is now...

Seanad: Finance Bill 2010 (Certified Money Bill): Committee Stage. (25 Mar 2010)

Pearse Doherty: ...chapters. We have the quarterly reporting which is done to the Minister for Finance. The Minister said that the Minister is disposed to the idea of a cross-party committee or sub-committee on NAMA. If what we are talking about is executing what the Minister is saying the Minister for Finance is in favour of, let us have the quarterly reports but instead of them going to the Minister,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Pearse Doherty: Simon has presented figures on the Government's estimate of 4,500 units from NAMA which indicate that 518 of them were transferred to social housing. This demonstrates the painfully slow rate of progress that has been made on an issue we have been discussing for quite some time. We are probably watching the wind-down of NAMA as we speak, even though that is not the best outcome. In terms...

Seanad: The Economy: Statements (23 Sep 2009)

Pearse Doherty: That is an indication of what is being said in that influential newspaper. Let us be clear and have a proper debate on the issues. Senator O'Malley referred to NAMA as a necessary evil. I agree with her that NAMA is absolutely evil.

Written Answers — National Asset Management Agency: National Asset Management Agency (22 Mar 2012)

Pearse Doherty: ...Minister for Finance if he will confirm if developers whose loans have been transferred to the National Asset Management Agency and whose loans are in default may participate in the purchase of NAMA property through the NAMA Qualified Investment Funds. [16007/12]

Written Answers — Department of Finance: NAMA Property Sales (18 Sep 2012)

Pearse Doherty: To ask the Minister for Finance the number of properties that have been sold by the National Asset Management Agency, its receivers or debtors to NAMA employees, former NAMA employees, their families and associates, and the total value of such sales. [38527/12]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Pearse Doherty: I shall pick up on Mr. Daly's earlier contribution. Is this the second investigation into a member of NAMA? How many current members of NAMA are suspended or have been suspended in the past?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Pearse Doherty: I seek clarification. Mr. Daly mentioned earlier that this is only the second investigation in NAMA. I want him to clarify that there have been no other investigations regarding staff in NAMA since its establishment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Pearse Doherty: My question was not on current investigations because I did listen to what Mr. Daly said. My question relates to the operation of NAMA. Since it was founded, have there been other investigations and suspensions within NAMA? I know there are two current investigations. What about in the past?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Pearse Doherty: I appreciate that. With regard to the sale of loans to ICG-Longbow, NAMA's former head of lending is now employed with the company. Can the delegation inform us whether ICG-Longbow approached NAMA or was it the other way around? Were the loans offered competitively?

Written Answers — Department of Finance: NAMA Accounts (8 May 2013)

Pearse Doherty: 72. To ask the Minister for Finance further to the publication of the 2012 unaudited accounts for the National Asset Management Agency, if he will provide his assessment of the performance of NAMA in 2012; and if he has concluded this assessment following consultation with the NAMA advisory board. [21645/13]

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Pearse Doherty: So, when NAMA was established and when the five tranches were transferred, NAMA was due, from the borrowers, €74 billion; is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of NAMA: Discussion (16 Dec 2015)

Pearse Doherty: What are the sanctions for a member of NAMA or its advisory board who breaches section 30 of the NAMA Act or section 17 of the Ethics in Public Office Act? Mr. Daly is the designated person which is why I am asking the question.

Other Questions: State Banking Sector Regulation (28 Feb 2017)

Pearse Doherty: According to documents we received from NAMA under freedom of information legislation, the Minister's position was that NAMA should not involve itself in housing if it meant the agency would repay its debts more slowly.

Written Answers — Department of Finance: NAMA Transactions (4 Apr 2017)

Pearse Doherty: 91. To ask the Minister for Finance if he will commission an independent value-for-money review of NAMA's sales processes to date and, pending its report, direct that all NAMA sales be suspended; and if he will make a statement on the matter. [16433/17]