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Leaders' Questions (24 Sep 2015)

Joan Burton: In terms of the recovery-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----there was an improvement-----

Leaders' Questions (24 Sep 2015)

Joan Burton: There was an improvement in those values.

Leaders' Questions (24 Sep 2015)

Joan Burton: The Deputy is arguing that a loan portfolio that was worth €5.7 billion at the top of the boom and was sold for a lesser value-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----when we had a very deep crash and NAMA was responsible for getting the market going again-----

Leaders' Questions (24 Sep 2015)

Joan Burton: This fall in value of course represents a fall in value to the taxpayer, but it was caused by the banking crash and by the collapse in values.

Leaders' Questions (24 Sep 2015)

Joan Burton: Let us be clear about that.

Leaders' Questions (24 Sep 2015)

Joan Burton: Consequently, there is no reason in particular to refer to the pre-crash value, other than perhaps as a cause of great regret that the fall was indeed so great and so substantial.

Leaders' Questions (24 Sep 2015)

Joan Burton: NAMA paid no moneys and-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----had no relationship with any party on the loan sale against whom allegations of wrongdoing now are being made. The loan portfolio was sold after an open process to the highest bidder for what it was worth. As I stated, attempting to put NAMA into what is a highly complicated Northern tale is not necessarily, I suggest to Deputy Adams, giving the full picture. NAMA did not appear...

Leaders' Questions (24 Sep 2015)

Joan Burton: What NAMA has done is to appear before committees of this House and answer questions. All the questions and briefings are available both on the website of this House and, I understand, on the NAMA website. The Northern Ireland committee submitted a list of questions to NAMA regarding the sales process. NAMA responded to that on 4 September with detailed responses to the questions, running...

Leaders' Questions (24 Sep 2015)

Joan Burton: Some 65,000 people on rent supplement-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----and getting good homes from landlords is not waffle.

Leaders' Questions (24 Sep 2015)

Joan Burton: That shows the level of Sinn Féin's cynicism about our country.

Leaders' Questions (24 Sep 2015)

Joan Burton: Sinn Féin denied-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----this country over and over again. It shows an appalling level of cynicism that Sinn Féin would decry-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----65,000 families and individuals being assisted through rent supplement with housing-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----that, for the most part, is good. I just want to send out the message to Deputy Michael McGrath-----

Leaders' Questions (24 Sep 2015)

Joan Burton: -----that we are doing this on an individual basis. It is in addition to the investment of €3.8 billion in building and acquiring homes and refitting those that have been closed. Deputies know that the practice of voids in county councils around the country, particularly Dublin where it has been a major problem, is being brought to an end. Those houses are being given out this year...

Leaders' Questions (24 Sep 2015)

Joan Burton: -----to families that require housing. Houses are being built as well.

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