Results 1-8 of 8 for "moore street" segment:8699879
Did you mean: "more street" segment:8699879?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Imelda Munster: ...looking for the par value of the total package. What was it sold for? What was the discount given? I ask Mr. McDonagh to furnish us with that information. Mr. McDonagh will be aware of the Moore Street campaign and the good people involved in that campaign - James Connolly's great-grandson for one. Was it the case that the investor was not interested in buying the ILAC Centre if...
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
...Irish Life Property Fund. Obviously, it contained a number of other assets around that, including the site that was being assembled by the debtor in central Dublin, that the Deputy referred to, which is part of Moore Street.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Imelda Munster: Did NAMA ever ask them to take Moore Street out of the package? Did Mr. McDonagh ever meet with the Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media to discuss it? He would have been fully aware of this campaign for a cultural quarter.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Imelda Munster: Could NAMA have, at any stage, removed Moore Street, given the significance of the site? As Mr. McDonagh said, it included Dundrum Town Centre and Swords Pavilions. It was a massive area. Could NAMA have removed that from the package and still proceeded with the sale?
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Mr. Brendan McDonagh: Like anything, we could have removed it, but we were selling the whole debtor connection, the whole debtor's loans, in one go. That included that he had security over the Moore Street site. We worked with the Department of the Taoiseach and the Department of Tourism, Culture, Arts, Gaeltacht, Sports and Media to make-----
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Mr. Brendan McDonagh: They asked to buy specific houses along Moore Street, which were historically important. We got the debtor to engage with them and they agreed a price of, I believe, €4 million to buy those particular units. They did not express any interest in acquiring the rest of the site.
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Imelda Munster: ...go round to any city in Europe and history and cultural quarters are preserved for generations to come, and for tourism. With such a site, you did not state to me here that the buyer insisted that Moore Street be in it. It could easily have been removed, because the rest of the site was massive. You did not make any attempt to protect the site as such-----
- Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)
Brian Stanley: I just want to clarify something, Mr. McDonagh. I have been following the Moore Street issue somewhat for the past ten or 15 years. I want to clarify that part of the terrace is now in the ownership of the Department.