Results 181-200 of 280 for mick wallace nama

Social Housing: Motion (Resumed) [Private Members] (27 Jan 2016)

Mick Wallace: ...of years. There are 3,800 people on the waiting list in Wexford. The number has increased every year in the last five years, and it will get bigger. The notion that the Government would allow NAMA to build nine times more private housing than social housing in the scheme for 20,000 units just does not make sense. The lack of local authority built social housing is at the core of the...

Leaders' Questions (19 Jan 2016) See 5 other results from this debate

Mick Wallace: ...It has been an unmitigated disaster all the way through. It has actually got worse instead of better. I have asked the Taoiseach several times why he will not put 10,000 of the 20,000 units that NAMA wants to build into local authority social housing to be run by the local authorities. The Taoiseach says that everything is about supply. We could have an extra 100,000 houses in...

Planning and Development (Amendment) Bill 2015 [Seanad]: Committee and Remaining Stages (16 Dec 2015)

Mick Wallace: ...the chances were slim a couple of years ago they will be slimmer in the future. We have seen a major shift in property ownership in this country. When the developers ran into trouble a lot of property was put into NAMA. A total of €74.8 billion worth of par value assets went into NAMA, which became the biggest real estate body on the planet. There was also a lot of property in...

Coroners Bill 2015: Second Stage [Private Members] (11 Dec 2015)

Mick Wallace: ..., the storm can never pass until they get the truth. In too many arenas of life in Ireland, there is a tendency to cover up and to deny. Ranks are closed when we raise questions in here about NAMA, the operation of An Garda Síochána and the breaches of international law at Shannon Airport. In most cases, the first port of call is to protect the organisation before...

Other Questions: Local Authority Housing Provision (10 Dec 2015)

Mick Wallace: NAMA has nominated Cerberus as the preferred bidder for Project Arrow. The deal has not yet gone through so I do not understand why the Government does not take some of the built units which are ready for use. I can live with the idea of the developer providing 10% of the units instead of 20% because it would be particularly difficult for small builders to finance it if they provide 20% and...

Leaders' Questions (26 Nov 2015) See 4 other results from this debate

Mick Wallace: I have been co-operating with An Garda Síochána on a number of issues relating to NAMA and it has been back to me regarding some of these issues. As the Tánaiste is aware, I have asked many questions in the Chamber about NAMA but I have not got many answers. In fact I have got none. I have put some of the questions and others to NAMA directly and I have got answers from it,...

Topical Issue Matters (26 Nov 2015)

Bernard Durkan: ...local authority social housing units provided under Part V from the new tenant purchase scheme; (7) Deputy Clare Daly - the need to discuss the convening of a commission of inquiry into the workings of NAMA; (8) Deputy Dan Neville - the need to complete a 20-bed child and adolescent inpatient unit in Limerick as recommended by A Vision for Change; (9) Deputy Timmy Dooley - the need to...

Housing and Homelessness: Motion (Resumed) [Private Members] (18 Nov 2015)

Mick Wallace: ...the State stopped building social housing, this had a knock-on effect in the private and rental sectors. On top of this, we have serious problems with both of these sectors. The decision by NAMA and the banks to sell off rental units and development in a fire sale has been a disaster for the housing and property market. When the next government initiates an independent commission of...

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...

Leaders' Questions (4 Nov 2015) See 2 other results from this debate

Mick Wallace: ...Unless the Government changes its policy, we will see further boom and bust cycles and continue to have an affordability problem, homelessness and social exclusion. We sold the best sites through NAMA to investment trusts from abroad. Kennedy Wilson has just received planning permission to build 160 apartments at Clancy Barracks. It asked that no provision be made for social housing and...

National Asset Management Agency: Motion [Private Members] (20 Oct 2015) See 1 other result from this debate

Mick Wallace: ...just because something had a par value of £4.5 billion and it ended up being sold for £1.241 billion, it does not mean it was sold for more than £3 billion too little, but the fact is that when NAMA was set up the argument was made at the time that the reason for doing so was so we would not firesale assets but wait for the market to recover and get value. Sadly, this rule...

Leaders' Questions (20 Oct 2015) See 3 other results from this debate

Mick Wallace: The majority of Irish people no longer have confidence in NAMA. Yesterday, I asked An Garda Síochána to investigate, under section 19 of the Criminal Justice Act, why NAMA did not report the discovery that US investment fund PIMCO had been requested to pay £5 million to a former member of the NAMA Northern Ireland Advisory Committee, Mr. Frank Cushnahan. Despite this, NAMA...

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

Mick Wallace: ...the best manager, despite the fact that they were still losing football matches. It has been obvious for a while now that the Taoiseach does not want to have an inquiry into the workings of NAMA, despite all the unanswered questions. Looking at the budget, I can see why. Given NAMA's new role as a State-sponsored developer, I do not think the Taoiseach or the Minister for Finance...

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...

Dublin Docklands Development Authority (Dissolution) Bill: Second Stage (Resumed) (7 Oct 2015)

Mick Wallace: ...council, this Bill is about development, which includes housing, and there are probably more plans to put more of the high-end business element in the area than housing. It is interesting that NAMA is going to get involved in the area. Normally, it bundles the assets together and sells them to foreign funds at a cheap price, but now it is going to start investing in developments. It...

Leaders' Questions (7 Oct 2015) See 5 other results from this debate

Mick Wallace: Is the Taoiseach satisfied that there was no collaboration with Cerberus by a NAMA insider based in Dublin because I am not?

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...

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...

Public Accounts Committee: Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale (1 Oct 2015) See 1 other result from this debate

Joe Costello: I appreciate all of that. This week, Deputy Mick Wallace raised some other issues in the Dáil relating to Project Eagle and other activities. The Taoiseach requested that Deputy Wallace would come before this committee but he has again declined to do so. Deputy Robert Dowds has e-mailed Deputy Wallace requesting that he put forward questions that this committee could pose to NAMA...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (Resumed) (1 Oct 2015)

John McGuinness: ...to ensure there is a follow-up to it. On general matters, I will not delay the witnesses, as we are here for quite a while. Without going again into the allegations that were made by Deputy Mick Wallace in the Dáil, I listened to what the witnesses had to say. When the allegations were made in the House, did NAMA consider contacting Deputy Wallace to say it had the answers to all...