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Seanad: Commencement Matters: Unfinished Housing Developments (26 Feb 2015)

Lorraine Higgins: ...duty to take estates in charge has not been fulfilled. It does not augur well for estates like Dunard in Craughwell, County Galway, which was built at the start of the boom and whose bond is with IBRC. Galway County Council has no funds from that bond to complete the estate, which is in a bad condition. The council's hands are tied. Without further funds, it is in a cul-de-sac. Many of...

Seanad: Order of Business (21 Oct 2014)

Lorraine Higgins: ...court case to which I refer were accused of agreeing not to compete for each other's exclusive deals and allocating transactions among themselves in order to keep purchase prices down. I understand that NAMA and IBRC have sold billions of euro worth of Irish assets to Blackstone and other private equity firms. In light of what has been revealed in recent days, I am extremely concerned...

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