Results 13,181-13,200 of 21,498 for speaker:Mary Lou McDonald
- 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?
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: There are no obstacles put in the way of meeting them.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Mr. McDonagh does not believe NAMA is in any way dismissive of or heavy-handed with its debtors.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: Yes, it certainly must. Would it be fair to argue that there appear to be different classes of debtor? Some debtors work for NAMA to work things through while-----
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: One is left with 30%.
- Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)
Mary Lou McDonald: NAMA seems to be particularly anxious about transfers of assets by debtors to other family members.