Results 1-20 of 28 for nama speaker:Frances Fitzgerald

Seanad: Order of Business (9 Feb 2010)

Frances Fitzgerald: ...involve helping those people who are struggling to pay mortgages, getting credit flowing to the businesses in need of it and dealing with ever-growing unemployment. When the Government presented NAMA to the people, it was meant to get credit flowing in the economy and the country. It was meant to get credit flowing to the hard-pressed householders and businesses struggling to keep people...

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (11 Nov 2009)

Frances Fitzgerald: ...or fiscal policy in particular areas, while Senator Harris wondered whether it was higher areas of fiscal policy that needed to address this issue. We need answers to these questions. Within the NAMA structure will we be able to deal with the issues of those in negative equity who are experiencing major difficulties with their repayments? I am not suggesting we direct banks in the...

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Frances Fitzgerald: ...and referred to the Irish Glass Bottle Company site in Ringsend as an example. It is widely acknowledged that careless, inflated valuations contributed to the banking crisis. In the context of NAMA, many questions are left unanswered in this regard. I ask that the Minister expand on the issue. International precedent and experience clearly show that a State body does not have the same...

Seanad: National Asset Management Agency Bill 2009: Motions (12 Nov 2009)

Frances Fitzgerald: In respect of the motions on the amendments which have returned from the Dáil, I regret that the Government has not accepted more Fine Gael amendments during the debate on NAMA, as they would have strengthened the protection for the taxpayer. Without rehashing the entire debate on the Bill, I note that never before has so much money been handed over to so few people on behalf of so many,...

Seanad: Order of Business (12 Nov 2009)

Frances Fitzgerald: The House passed the NAMA Bill yesterday with the support of some Independent Members. My party remains deeply concerned about the implications of the legislation for every man, woman and child in the country because of the major impact the potential debt arising from it could have on people's experiences and the risk to the taxpayer. Therefore, we remain deeply concerned about aspects of...

Seanad: National Asset Management Agency Bill 2009: Report and Final Stages (11 Nov 2009)

Frances Fitzgerald: What the Minister is trying to do through NAMA is restore confidence in the banking system and, through that, in the economy. With that in mind, I want to ask about his response to material linked to this amendment concerning confidence in the Minister's projections that has been put in the public arena by Mr. Peter Mathews - I know the Minister has looked at this material. I would like to...

Seanad: National Asset Management Agency Bill 2009: Committee Stage (Resumed) (10 Nov 2009)

Frances Fitzgerald: We spoke about an Oireachtas oversight committee for NAMA on Second Stage yesterday. There is a sense that what has gone wrong with the banking system is due to a lack of regulation and governance. Subsequently, with NAMA we want to ensure oversight, transparency and accountability in its workings. Bypassing the Houses of the Oireachtas on matters such as social partnership talks happens...

Seanad: Order of Business (7 Jul 2010)

Frances Fitzgerald: ...cost to these cutbacks. Today we will see the faces of those people, who are primarily affected by these cutbacks, at the gates of Leinster House. On the day after we heard of the new approach to NAMA, the new information about it and the disparity in the figures of the profit it was meant to make going from €4 billion to €1 billion to maybe a loss, which seems to be the more likely...

Written Answers — Department of Justice and Equality: Garda Investigations (27 May 2014)

Frances Fitzgerald: ...682 to 684, inclusive, together. I am informed by the Garda authorities that there are currently investigations relating to 16 complaints in total involving the National Asset Management Agency (NAMA). I am further informed that a Detective Inspector from the Garda Bureau of Fraud Investigation (GBFI) has been designated as Senior Investigation Officer in relation to all complaints made...

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Frances Fitzgerald: ...long-term economic value and governance issues. These are very important and must be seriously addressed. We have seen what a lack of governance and regulation has done in the banking sector. NAMA is a vehicle that will deal with billions of euro of taxpayers' money; therefore, we must ensure the governance issues are addressed comprehensively in the legislation. Fine Gael believes...

Seanad: Order of Business (11 Nov 2009)

Frances Fitzgerald: We will probably return to this question during the debate on NAMA today, but it is a critical one for the thousands of families in negative equity and for families facing arrears and worried about how the banks will deal with them.

Seanad: Order of Business (9 Feb 2010)

Frances Fitzgerald: I move an amendment to the effect that the Minister for Finance should come to the House to discuss recent revelations relating to NAMA.

Seanad: Order of Business (11 Nov 2009)

Frances Fitzgerald: Yesterday we had somewhat of a rarity in this House when we had a flock of Ministers or, as Senator Norris described it, a whirligig of Ministers, coming in and out to debate the NAMA legislation. Despite the presence of all these Ministers, however, they failed to convince the majority of Members on this side of the House on the merits of setting up the National Asset Management Agency. We...

Seanad: Order of Business (19 May 2009)

Frances Fitzgerald: ...House seriously, deal with the issues we raise and respond to the debates and points made on this side of the House. Some weeks ago we called for a debate on the National Asset Management Agency, NAMA. Unfortunately, that vote was defeated and it would have been a worthwhile debate, given what we heard last week from Dr. Somers in the Committee on Public Accounts.

Seanad: Order of Business. (27 Apr 2010)

Frances Fitzgerald: ...discussion of pensions in recent days. I ask the Leader to arrange a debate on the matter. I propose to raise two issues related to the National Asset Management Agency. We were informed when the NAMA legislation was being enacted that the new agency would deliver a social dividend. I ask for information on developments in the National Asset Management Agency and whether this matter is...

Seanad: Order of Business (2 Feb 2010)

Frances Fitzgerald: If the Fianna Fáil-Green Party Government is so committed to helping those in difficulty with their mortgages, why did it refuse the Fine Gael amendment to the NAMA legislation to provide for a home owners' support scheme to protect them? Government Members voted against it in this House and in the Dáil. It is somewhat similar to their position on the banking inquiry. Over the weekend...

Seanad: Order of Business (9 Nov 2009)

Frances Fitzgerald: ...to reform in their jobs yet we are not seeing the leadership on public sector reform which is so badly needed and which Fine Gael has been speaking out about for many years. I welcome that the NAMA legislation will come to the House this week. However, when one considers how it has been handled in the Dáil and will be dealt with in its rushed couple of days in the Seanad, if any private...

Seanad: Order of Business (23 Feb 2010)

Frances Fitzgerald: ...what the Government had expected, specifically as regards the bank dividend. Land values are plummeting and there have been extraordinary falls in valuations. All of this has implications for NAMA and the write-down, as well as for the taxpayer. I ask the Leader to arrange a debate as soon as possible on the Government's approach to banking and the actions it intends to take to ensure...

Seanad: Order of Business (19 May 2009)

Frances Fitzgerald: It is quite clear there should have been a discussion in the House on NAMA. Many Members of the House have a great deal to say about it. Fine Gael has a position on the Government's recommendations in this area which we would welcome an opportunity to debate. That is a debate we need to have which would be very relevant and of enormous concern to many people who are seeking loans from...

Seanad: Order of Business (23 Sep 2009)

Frances Fitzgerald: ...give the House that lessons have been learned from these reports? What changes are taking place in government to ensure better economic management of taxpayers' money? Doubts are increasing about NAMA and individuals are asking why more than €30 billion or 40% of the total NAMA bonds should be diverted to two broken financial institutions - Anglo Irish Bank and Irish Nationwide Building...