Results 101-120 of 234 for mick wallace nama

Aircraft Noise (Dublin Airport) Regulation Bill 2018: Second Stage (Resumed) (13 Dec 2018)

Mick Wallace: ...by a private company. That is inaccurate because the individual is head of planning for a public listed company, Glenveagh Properties plc, not a private company. The company is headed by another NAMA individual the Ceann Comhairle does not want me to name. The individual who has been nominated to An Bord Pleanála is a former employee of NAMA. He was head of planning with the...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (10 Nov 2016)

Catherine Murphy: Earlier, I asked the Comptroller and Auditor General a question regarding the role of his office in the day-to-day workings of NAMA because the impression was created during some earlier hearings, and explicitly again this morning, that the Comptroller and Auditor General had a large team in NAMA examining its every transaction. It is this "impression" I would like to focus on. In response...

Leaders' Questions (16 Jun 2015) See 1 other result from this debate

Mick Wallace: It is interesting that the Taoiseach puts the onus back on me. I will give two examples. An office block on Mount Street was sold off market in 2012 by NAMA to US fund Northwood for €27 million. In 2014, Northwood sold it for €42 million. Most of the money was financed by NAMA in the first place. This is in a country where small and medium-sized businesses cannot get a cent...

Report of the Committee on Housing and Homelessness: Motion (7 Jul 2016) See 1 other result from this debate

Bríd Smith: It is ironic that these recommendations are coming to us in the same week or month as the unfolding scandal of NAMA’s sale of assets in Northern Ireland while a very sensible resolution by Deputy Mick Wallace was rejected by the main parties in this House, both Government and so-called Opposition. In the same month, a very simple Bill that we put, seeking to amend the remit of NAMA,...

Topical Issue Matters (31 May 2018)

Pat Gallagher: ...8) Deputy Fiona O'Loughlin - to discuss the withdrawal of Coca-Cola operations from Athy, County Kildare; (9) Deputy John Brady - compliance with flood risk guidelines in the Bray local area plan; (10) Deputy Mick Wallace - the need to hold NAMA to account; and (11) Deputy Mick Barry - the granting of permission for an incinerator at Ringaskiddy, County Cork. The matters raised by...

Financial Resolutions 2016 - Budget Statement 2016 (13 Oct 2015) See 1 other result from this debate

Mick Wallace: .... That is at the root of the problem. The Government cannot expect the private sector to solve its problems. Those involved in the sector do not want to build now and the Government is stating NAMA will do it instead. Those involved in the private sector do not want to build because they cannot possibly compete with NAMA's sales and those of the banks, both of which have sold houses...

Other Questions: Homeless Persons Supports (23 Feb 2017)

Mick Wallace: ...housing. To expand on my point about affordable private housing, we have State land. Local authorities can provide housing for €200,000 and sell it to people at that price rather than asking NAMA to do deals with developers to sell it for €300,000. I do not understand why the Government will not do that.

Leaders' Questions (2 Jul 2015) See 1 other result from this debate

Mick Wallace: There is growing concern regarding the workings of NAMA and whether the taxpayer has been well served by it . The Taoiseach seems content that all is well, but I know many people who think otherwise. The Tánaiste is an accountant and might have more concerns than the Taoiseach. There have been disturbing allegations around the largest ever sale of property in the history of the island...

Housing: Motion [Private Members] (3 Oct 2018)

Mick Wallace: ...know what the Minister knows about the industry but he is not showing a great knowledge of it at present. The Government talks about using the expertise of the National Asset Management Agency, NAMA, in this regard. These are the NAMA boys who sold units in Cherrywood for €27,000, which are now being sold for €120,000. Also, NAMA allowed investors' directors with loans of...

Topical Issue Matters (17 Nov 2011)

Michael Kitt: ...to make available the necessary finance to tackle problems in the north fringe of Dublin and to facilitate the rehousing of residents of Priory Hall; (5) Deputy Michael McCarthy - the need to amend NAMA legislation in order to prevent payments being made to developers; (6) Deputy Richard Boyd Barrett - the provision of emergency assistance for persistent flood black-spots in the Dún...

Ceisteanna - Questions - Priority Questions: Housing Provision (5 Nov 2015)

Mick Wallace: ...supply is a false notion. There was no shortage of supply seven or eight years ago, but there were huge affordability problems and rents were very high. The Minister of State has told us that NAMA will build 20,000 units. I remind him that they will be built on lands paid for by the taxpayer through the NAMA process. Why, in God's name, are we not putting more social houses on these...

Semi-State Sector Remuneration (4 Jul 2012)

Mick Wallace: ...that anyone would go from the private sector into the public sector and get an increase in pay. For his information, I know some people who worked in banking and real estate and when they moved to NAMA they got an increase in salary. That is not very impressive. There has not been much accountability or transparency in how NAMA has done its business in that regard. I do not know how...

Leaders' Questions (6 Oct 2015)

Enda Kenny: ...This is a very serious matter. There is a political parliamentary commission looking at it and a police commission looking at it. There are also interests from the United States looking at it. NAMA appeared before the Committee of Public Accounts last week and gave a very detailed account of the procedures. Deputy Martin is right that £7 million has been identified in an account...

Topical Issue Debate: Refugee Numbers (23 Sep 2015)

Mick Wallace: ...but seemingly we have been shamed into it. People obviously realise that we struggle to house our own, so housing others is an extra challenge. By the way, I suggest that the Government stop NAMA from selling Project Arrow, 50% of which is residential units and which has a par value of €7.2 billion. They are threatening to sell it to a crowd called Cerberus for about €1...

Urban Regeneration and Housing Bill 2015: Report Stage (7 Jul 2015) See 2 other results from this debate

Mick Wallace: ...bankers, developers and builders. Most of the units currently being built will be rented rather than sold. One might say that at least they will be put on the market. The Minister of State said NAMA sold land that would allow 10,300 units of housing in Dublin alone, but whom was it sold to? Many assets are being sold in parcels so large that Irish individuals, including builders and...

Committee on Housing and Homelessness: Threshold (24 May 2016)

Mick Wallace: ...we move to try to introduce measures to provide rent certainty across the board? With regard to the point made that it is a disgrace local authorities did not take up the properties offered by NAMA, I would like to point out that much of what NAMA offered local authorities was not fit for purpose. It is a pity local authorities did not get a better choice of what NAMA was selling to...

Planning and Development (Housing) and Residential Tenancies Bill 2016 [Seanad]: Report Stage (Resumed) (16 Dec 2016) See 1 other result from this debate

Mick Wallace: ...Deputy saw the figures on the empty units in Dublin. A huge number of them are in the possession of different financial sectors. The Deputy was complaining about the local authorities as against NAMA offering them units. If there is a battle between the merits of how NAMA behaves and how our local authorities are behaving, NAMA will not win. The Deputy referred to the fact that the...

Leaders' Questions (1 Oct 2015)

Billy Kelleher: Last July, serious allegations were made regarding fixer fees and other improprieties worth millions of euro in regard to aspects of the project Eagle deal, the sale of the NAMA loans in Northern Ireland. Deputy Mick Wallace made serious allegations which the Taoiseach agreed were serious and should be taken seriously. However, there has been deafening silence in terms of our ability to...

Seanad: Order of Business (8 Oct 2015)

Fidelma Healy Eames: ...idly by. I thank Senator Paschal Mooney for bringing the matter to my attention. I beg the Chair's indulgence to raise another issue. Why is the Taoiseach not setting up a public inquiry into NAMA and the allegations surrounding the deals done in Northern Ireland? Is the Deputy Leader aware of how cynical this seems? NAMA is the largest asset management agency in the world and was set...

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016) See 1 other result from this debate

Mick Wallace: ...will move in and the former tenants will be looking for a place. The State should be looking at bargains. Deputy Fergus O'Dowd was giving out that local authorities are guilty as they did not take up all the NAMA options. It was unfortunate that the local authorities did not get a better pick of what NAMA was offering. It offered them the thrash but not a lot of very suitable units...