Search for mick wallace nama segment:6363146 (KildareStreet.com)

Leaders' Questions (29 Sep 2015): Mick Wallace: Is the Taoiseach going to give serious consideration to the questions that are swirling around in respect of NAMA? As I said before, the workings of NAMA have left too much to be desired and there is a lot which is rotten about it. Is it going to be the Taoiseach's legacy that he ignored all of this? Is it going to be part of his history that he chose to ignore what is going on in NAMA?
Leaders' Questions (29 Sep 2015): Mick Wallace: ...Taoiseach tell me why the reserve price was reduced by €60 million? Can he find out if this might be connected to reports regarding a developer whose loans were in Project Eagle and who came to NAMA to complain about being approached by fixers who were seeking a backhander in order for him to buy his loans back at 50p in the pound from Cerberus in the autumn of 2013, months before...
Leaders' Questions (29 Sep 2015): Mick Wallace: ...for €100 million. It is now looking to offload them for €170 million. That is a profit of 70%, not 7%. Despite the fact the buildings were yielding approximately 6% per annum in rents, while NAMA's cost of money was less than 1%, there was still a panic to sell them. Following PIMCO's allegations regarding kickbacks for fixers, why did NAMA allow the deal to proceed...

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