Results 1-20 of 30 for nama speaker:Séamus Healy

Confidence in Government: Motion (15 Feb 2017)

Séamus Healy: ...Committee of Public Accounts will shortly report that €220 million was lost on the Project Eagle sale and that it was not appropriate for the Minister for Finance, Deputy Noonan, Department of Finance officials and NAMA to meet senior Cerberus representatives in the days prior to that sale. This is but the tip of the iceberg. Massive Irish assets are being sold off at knock down...

Financial Resolutions 2017 - Budget Statement 2017 (11 Oct 2016)

Séamus Healy: ..., to be sovereign and indefeasible". The Government, similar to the outgoing Government, has sold our sovereignty to the EU. The Minister for Finance recently told the Committee of Public Accounts that the EU powers insisted on the rapid sell-off of NAMA properties, even though retaining them would have led to higher prices being achieved for the taxpayer. Together with the sell-off of...

Housing and Homelessness: Statements (22 Mar 2016)

Séamus Healy: ...homelessness by evicting people and selling residences and apartments to vulture funds that are engaging in evictions. The State could also stop this practice by issuing a simple instruction to NAMA. I reiterate that the State is deliberately creating homelessness and should stop doing so immediately. I will refer briefly to the Tánaiste's reference to the housing assistance...

Sale of Siteserv: Motion [Private Members] (6 May 2015)

Séamus Healy: ...effectively paying a second bailout to the banks. This is an absolutely shameful incident. We need an investigation and a commission of inquiry, not just for this Siteserv deal but for the IBRC in general, for NAMA and for AIB and Permanent TSB. I support the motion.

Government's Priorities for the Year Ahead: Statements (Resumed) (6 Mar 2014)

Séamus Healy: ...approach, all those holding mortgages with these State banks are in danger of being sold off as part of the privatisation. The recently screened television documentary, "Who's Buying Ireland?" featured vulture capitalist funds which are buying up assets all over the country. NAMA is now in on the game also. NAMA has acquired €74 billion in bank loans and its CEO said it is now...

Bond Repayments: Motion [Private Members] (26 Nov 2013)

Séamus Healy: ...is €192. Matters are actually worse, as these figures do not take into account the €22 billion from the National Pensions Reserve Fund, NPRF, that was used to address the banking crisis or the €30 billion that NAMA paid for bank loans. Our money is streaming out of the country, as are our people, including many who have been expensively educated and are highly...

Freedom of Information Bill 2013: Second Stage (Resumed) (3 Oct 2013)

Séamus Healy: ...consider withdrawing the proposed fees in the legislation. I am concerned about exemptions, particularly of the Garda Síochána, other than administrative elements, and the widespread exemptions for NAMA and commercial semi-state bodies such as Irish Water. NAMA has been mentioned by a number of speakers across the political divide. Unfortunately, almost all documents of...

Europe Week: Statements (8 May 2013)

Séamus Healy: ...shocking. In fact, things are even worse, as EUROSTAT does not take into account the additional €22 billion from the National Pensions Reserve Fund which was used to address the banking crisis or the €30 billion NAMA paid for banks' loans. Our money is streaming out of the country, as are our people, including many who have been expensively educated and are highly...

Land and Conveyancing Law Reform Bill 2013: Second Stage (Resumed) (1 May 2013)

Séamus Healy: ...-time chairman in the same bank receives approximately €394,000, and every auctioneer, valuer, solicitor and developer-type professional in the country, who led mortgage holders into difficult positions, is being employed by NAMA and the NTMA and looked after by the State. It is time for the State to look after the citizens and householders. The Bill should be withdrawn as it is...

Credit Institutions (Stabilisation) Act 2010: Motion (14 Dec 2012)

Séamus Healy: ...are suffering on or going out of business?" The Government sold 35% of Bank of Ireland to an American capital venture company for just over €1 billion. The State owns 15% of that bank, for which it paid €5 billion in terms of recapitalisation. NAMA also purchased Bank of Ireland loans at a cost above their market value. Bank of Ireland is now more answerable to an American...

Order of Business (20 Sep 2012)

Séamus Healy: The programme for Government promised legislation to make NAMA transparent and accountable and to make it subject to the Freedom of Information Acts. The Minister for Public Expenditure and Reform, Deputy Howlin, has promised this a number of times and may be able to help the Tánaiste in this regard. When will this legislation be brought before the House?

Order of Business (19 Jun 2012)

Séamus Healy: The programme for Government promised to bring accountability and transparency to NAMA, which is effectively a secret organisation. The Taoiseach and the Tánaiste confirmed that legislation will be brought forward. Does the Taoiseach have any idea when that will happen? Have the heads of the Bill been agreed? What is the position in regard to the freedom of information Bill?

Order of Business (19 Jun 2012)

Séamus Healy: Will it include NAMA?

European Stability Mechanism Bill 2012: Second Stage (7 Jun 2012)

Séamus Healy: ...billion uninvested in Britain, as well as significant figures in Ireland. Many of these people and their accountants and solicitors are now being thanked by effectively being employed and paid by NAMA. I will finish on those few words. I will certainly not support the Bill.

Order of Business (22 Feb 2012)

Séamus Healy: On recent developments whereby NAMA has allegedly put thousands of jobs at risk, necessitating the direct involvement of the Minister for the Environment, Community and Local Government, the Taoiseach told me previously that legislation in this regard is promised for later in the year. In view of these developments, will he prioritise this legislation and introduce it this session?

Finance Bill 2012: Second Stage (14 Feb 2012)

Séamus Healy: ...free. Many of the very people responsible for the recession, the bankers, bondholders, accountants, lawyers and solicitors who were part and parcel of its creation, are now being funded through NAMA, employed by the agency while being paid in excess of €200,000 to manage their portfolios. They are employed as solicitors, accountants and valuers through NAMA. These very people who were...

Legal Services Regulation Bill 2011: Second Stage (Resumed) (8 Feb 2012)

Séamus Healy: ...in a significant fashion. Moreover, the cost of activities such as inquiries and tribunals also has arisen regularly and continues to so do. Similarly, the huge costs paid by entities such as NAMA are another concern, as is the fact that many of the firms and individuals being paid significant fees by NAMA were part and parcel of the entire development bubble. However, such firms and...

Order of Business (31 Jan 2012)

Séamus Healy: The programme for Government promised legislation to ensure transparency and accountability from the National Asset Management Agency, NAMA. Every day, issues arise around this. The Taoiseach himself raised the possibility of developers or those connected to them gaining access to property.

Order of Business (31 Jan 2012)

Séamus Healy: ...promised in this regard through a freedom of information amendment Bill. Have the heads of the Bill been drawn up and when is the Bill expected before the House, as there are serious issues around NAMA?

Financial Resolution No. 7: Stamp Duties (6 Dec 2011)

Séamus Healy: The question of NAMA has been raised and I wish to address it briefly. The programme for Government promised that the secret society which was NAMA would be made transparent and that freedom of information legislation would be extended to ensure we would be able to obtain details on the transactions and operations of NAMA. We were promised this on numerous occasions in the Chamber....