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Results 1,001-1,020 of 1,321 for speaker:Áine Collins

Topical Issue Debate (Resumed): Special Protection Areas Designation (17 Dec 2014)

Áine Collins: I welcome the opportunity to speak on this important issue. I represent the constituency of Cork North-West. It is a rural constituency and I am concerned about the impact that European directives are having on the livelihoods of small land-holders and family owned farms in this area. Most of the area of western Duhallow was considered a disadvantaged area for many years. It was also...

Topical Issue Debate (Resumed): Special Protection Areas Designation (17 Dec 2014)

Áine Collins: I thank the Minister of State for her reply. While I accept what she said, with all due respect, the GLAS scheme does not provide the necessary compensation for these families. A farm with a hen harrier on it can be farmed to only 0.6 of its capacity, which is not viable. I know a young man in Ballydesmond who has a 100 acre farm and who has invested heavily. He is left with a huge debt...

Public Accounts Committee: Business of Committee (18 Dec 2014)

Áine Collins: I apologise for my non-attendance yesterday. I was not aware the meeting had gone ahead. Before the National Asset Management Agency, NAMA, comes in today, I ask that the committee consider bringing in some developers who have exited NAMA to discuss their experience and see the value or loss to the economy it has caused. I am not naming anybody in particular; several developers have exited...

Public Accounts Committee: Business of Committee (18 Dec 2014)

Áine Collins: The timing is right. People have exited and it would be interesting to hear what they have to say.

Public Accounts Committee: Business of Committee (18 Dec 2014)

Áine Collins: Many of them have gone through the system and come out the other end, and they are not all legal actions.

Public Accounts Committee: Business of Committee (18 Dec 2014)

Áine Collins: That would be great, thank you.

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: I welcome the witnesses. Mr. McDonagh said NAMA is two years ahead of schedule. What percentage of the original portfolio remains to be sold?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: So NAMA is two years ahead of schedule and 50% remains. In 2012, NAMA had 224 staff and it currently has 370. Can Mr. McDonagh explain why there has been such an increase in staff, given that 50% of the portfolio has been sold?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: What percentage of the 600 small debtors are with receivers?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: Mr. McDonagh said 59 of the 370 members of his staff left this year, so the staff turnover this year was 16%. How would he say the culture of NAMA is to work in?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: With a staff turnover of 16%, does Mr. McDonagh not think there may be an issue with staff being unhappy or that there are issues?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: Statistics show that higher wages account for only 40% of staff leaving. It does not seem to measure up with the norms. I accept that NAMA was never going to be established forever and has a ten-year cycle.

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: I appreciate that. How would Mr. McDonagh define a "developer"?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: When Mr. McDonagh talks about the SDZ and the Dublin Docklands area, and says he is not a developer, is NAMA not involved in the planning, development and sale of the asset?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: Who is building the asset?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: Could Mr. McDonagh explain the process? NAMA owns 70% of the land available for development and is in a joint venture. While I appreciate that NAMA is not physically building it, it can take on contractors and pay for them out of the process. Is NAMA going into partnership with developers?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: I accept this, but many developers are not involved in bricks and mortar or building actual houses because they subcontract this. I do not have an issue with whether NAMA is doing it or not. I have an issue with the fact Mr. McDonagh states NAMA is not a developer, but NAMA appointed the receiver to Bolands Mills and this receiver will build. This is absolutely fine and it makes proper...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: That is not what all developers do.

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: With regard to the development of residential houses, there was huge interest in a site being sold by Savills in Bishopstown, Cork, but I understand it has been taken off the market and NAMA itself will build there. Is Mr. McDonagh aware of this?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

Áine Collins: I would be grateful? I certainly do not want to see NAMA being the building force behind much of the residential property. We need competition and we need to have developers back in the marketplace.

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