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Results 1-2 of 2 for mick wallace nama segment:6969412

Ceisteanna - Questions (Resumed): Technological Universities (6 Dec 2017)

Mick Wallace: I believe this land was with my good friends in NAMA. A price was agreed and a deposit was paid. A deal was done but somewhere along the route the loans got shifted to a vulture fund. NAMA literally sold the land to a vulture fund, despite a deal having been done with the Higher Education Authority, HEA. How can the Government allow this to happen? It is madness. Carlow IT has gone on...

Ceisteanna - Questions (Resumed): Technological Universities (6 Dec 2017)

Mick Wallace: ...I believe it is more than 40 acres. They sold it to a private developer for peanuts. Why did the State not look at that? Will the Minister of State find out for me if the HSE deal was done with NAMA or was it done with the vulture fund? Who gazumped them? Was it NAMA or was it a vulture fund? They paid a deposit. The second contract was not signed, but a deal was done. Were they...

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