Results 12,881-12,900 of 21,203 for speaker:Mary Lou McDonald
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Where might they refer the complaint?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: The witness therefore would not regard an approach by a public representative on the basis of a complaint as lobbying per sefor the purposes of the Act.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Of course. The worrying matter is that from the perspective of an individual who might have a complaint in respect of NAMA, there is no independent stream or system to arbitrate that. I accept that the witnesses receive the complaints, examine them and have the relationship manager investigate them. I do not gainsay that. However, is there not a disparity between the person making the...
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Do the witnesses think that is a good way to do their business? NAMA is a State body and Mr. McDonagh said his job is to protect the organisation, the taxpayer and the integrity of the organisation. However, is it not problematic that there is no independent form of arbitration for those who might have a complaint with NAMA, short of An Garda Síochána or recourse to lawyers? I...
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Can I give way for two minutes for Deputy Collins to ask a supplementary question?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Can I return to one of the issues raised earlier and that the Chairman pursued with Mr. McDonagh and Mr. Daly in respect of complaints that might be made about NAMA and the fact that both men investigate those complaints? Mr. McDonagh indicated that he has undertaken such investigations and inquiries. Can Mr. McDonagh give us a sense of the scale of that? How many complaints might have...
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Does NAMA seek mediation or is it open to mediation?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: NAMA has never refused mediation.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: I ask Mr. McDonagh to briefly talk us through the stages of NAMA's engagement with the debtor.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: As part of that mediated process and in the interests of reaching a settlement, I presume there is full disclosure of all the relevant facts and figures and both parties are in a fully informed position.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Both parties will be equally informed in respect of all the issues at hand. There would be no circumstances in which information on valuations and so forth would be withheld from a debtor.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: If, for instance, one of the parties had a query about a valuation NAMA had made on a particular asset, the relevant information would be made available.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: I am not raising an issue of where something is disputed but the issue of the provision of full information by both sides.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Can Ms O'Reilly account for the fact that only 10% of cases have gone through mediation?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: It would be interesting to find out. Given that NAMA's stated position is that mediation is the favoured approach, one would imagine-----
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Perhaps Ms O'Reilly will keep the committee informed. How many cases has NAMA lost?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: I am good at maths and that makes two. This is not an attempt to put words in Mr. McDonagh's mouth but I detect from his presentation that NAMA is sensitive to the frustrations felt by parliamentarians that the agency almost has a hermetic seal around it and that we can ask so much and nothing more. This feeling is shared by some debtors as a result of their experiences with NAMA. Mr....
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Is it custom and practice to do so?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Is NAMA amenable to doing that?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Has Mr. McDonagh personally met all of them?