Results 21,461-21,480 of 26,081 for speaker:Kieran O'Donnell
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: I wish to focus on the payment of dividends. How much has been paid to the covered institutions - the banks - in respect of NAMA bonds to date?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Therefore, the banks have received just short of €8 billion in capital and interest repayments. Is that correct?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: To whom is the dividend paid?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Who are the private investors?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Therefore, we have New Ireland Assurance which is effectively AIB----
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: What is the name of the second private investor?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: What is the name of the third investor?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: How much have these investors been paid to date in dividends?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Will Mr. McDonagh outline the process by means of which the taxpayer will see a return from NAMA by the target date of 2020? Ultimately, NAMA is underwritten by the taxpayer. Is that correct?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Will Mr. McDonagh outline the process to which I refer?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: I want to determine how the ordinary person will be affected. This is an extremely important matter.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Therefore, the first time the taxpayer will see any return from NAMA will be when it is wound up----
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: -----not before.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: What determines the rate of the dividend paid to the private investors?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Therefore, it is based on the ten year-----
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Can the private investors sell their 51% shareholding in NAMA?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Has any of it been sold to date?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Is Mr. McDonagh surprised that the number of performing loans has dropped below one fifth? As the agency has been up and running for three years, why has this happened?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Effectively, 82% of the loans are not performing.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: NAMA was designed to take over both performing and non-performing loans.