Results 11,721-11,740 of 34,618 for speaker:Seán Fleming
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: I would put it in a different context. There are approximately 1.6 million houses in Ireland today. NAMA's contribution to the housing stock at the end of this process will be little more than 1% of this country's housing stock.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: I am saying it is "Yes" and Mr. McDonagh knows it is "Yes". I think there is an assumption that NAMA is a key player in increasing the housing stock and solving the housing problem. I am just saying I think the general commentary has totally overstated the reality. When all is said and done, if NAMA adds 1% or 1.5% to the housing stock of the nation over ten years, that will be about it....
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: I am asking the witnesses to agree. Nobody in this building has this type of conversation. It is all about what we should all be doing. When all is said and done, other people are charged with building houses.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: That contribution is of the scale I am talking about.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: Yes.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: Yes, in that period when very little else was going on. I want to ask about a completely different topic. I do not know whether it relates exclusively to Project Eagle or to other things. Can the witnesses tell me how much money NAMA would have been paid to Tughans Solicitors in Belfast for its services over recent years? They might tell me that this information is commercially sensitive....
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: If NAMA has done so, that is okay. There was a freedom of information request. I have a figure.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: I have a figure that somebody gave me through freedom of information, rather than through the Committee of Public Accounts. The figure in question is approximately €257,000.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: Yes, the whole way along.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: The figure up to the fourth period of 2017 - April or whenever that was - was €257,887. That sounds reasonable.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: Okay. I have one more global question. I am not getting into the specifics. I want to get a pen picture. This question can be answered from one page. We have seen the accounts for 2016 and 2017. I am looking for a one-page summary of the picture from inception to the end of June of this year or the end of December of last year. According to the figures we have been given in NAMA's...
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: That is good. It must be acknowledged that NAMA expects to pay approximately €400 million in corporation tax on its surplus of approximately €3.5 billion.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: That is the guts of another €500 million to the Exchequer.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: Yes, it is coming in. I am looking for the operating expenses. I do not see that figure readily. I would like a brief summary, like that in the financial statements. There is a year-by-year analysis. I would like a summary. Perhaps Mr. McCarthy can tell us what NAMA's operating expenses were globally from its inception to the end of 2017.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: Okay. Where is that?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: What page?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: I thank Mr. McCarthy. It is three quarters and I think I have used that figure before-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: That is fine. That is €740 million up to the end of 2016 is over 18-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: I thank Mr. McDonagh.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Seán Fleming: It is €839 million.