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Results 1-6 of 6 for nama segment:7843192

Public Accounts Committee: Business of Committee (18 Nov 2020)

Brian Stanley: ...meetings of the committee. No. 179 was held over from the previous meeting and is from Ms Mary Lawlor, senior communications and public affairs manager of the National Asset Management Agency, NAMA, and it is dated 28 October 2020. She is providing information requested by the committee on Project Nantes, arising from a meeting on 8 October 2020. I propose to note and publish the...

Public Accounts Committee: Business of Committee (18 Nov 2020)

Brian Stanley: ...who have been made redundant. This item has been raised. The union alleges that the company that employed the workers has maintained that it was finding it difficult to operate because it needed NAMA’s authority to do its day-to-day work. As the letter is to NAMA and there is no specific request to the committee, it is proposed to note this item. Deputy Carthy had flagged this.

Public Accounts Committee: Business of Committee (18 Nov 2020)

Matt Carthy: It is important that, for our own consideration, we would request of NAMA its response to the charge that has been made. We know NAMA has been entrusted with a huge level of portfolios and loans that can be either a force for good or bad in terms of how they are utilised and the circumstances involved. A trade union has made very serious assertions that the actions of NAMA have resulted in...

Public Accounts Committee: Business of Committee (18 Nov 2020)

Brian Stanley: The correspondence states that they cannot buy a bag of cement or shovel without the authority of NAMA. I am sure that is overstating it a bit but they are trying to make a point in the correspondence.

Public Accounts Committee: Business of Committee (18 Nov 2020)

Matt Carthy: I am sure there are companies involved that will quite happily pass the buck to NAMA and say it is the cause. It is not to say one way or another that this is the fault of NAMA or the company. However, it would be appropriate for NAMA to share with us its initial response and we can then make a determination as to whether there is a role for this committee to examine it further.

Public Accounts Committee: Business of Committee (18 Nov 2020)

Matt Carthy: I propose that we write to NAMA asking it for its response to BATU in this regard.

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