Results 1-11 of 11 for nama speaker:Éamon Ó Cuív

Written Answers — Department of Finance: NAMA Bonds (3 Dec 2019)

Éamon Ó Cuív: 147. To ask the Minister for Finance the investment by the State by way of promissory notes, bonds or Exchequer investment in NAMA during the financial crisis; the amount recouped to date; the value of the remaining investment in NAMA at current market value; the expected final surplus from NAMA when it winds up; and if he will make a statement on the matter. [50408/19]

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Éamon Ó Cuív: ...comes out, but the facts we know now call into question the Minister for Finance's approach to the handling of the large portfolios entrusted to him in March 2011. I will mention three of them: NAMA, IBRC and AIB-Bank of Ireland. The Minister was entrusted with these, running to billions and billions of potential assets. With very little explanation, he has rushed the sale of NAMA...

Residential Mortgage Interest Rates: Motion [Private Members] (31 Mar 2015)

Éamon Ó Cuív: .... Could this Government have done anything about this? The Government's policy, for a reason that I cannot get my head around, is to sell off all the assets it owns as quickly as it can through NAMA to the IBRC, irrespective of the price. For some strange reason it is hell bent on getting rid of the State's valuable AIB shares, which if held onto long enough will become very valuable....

Written Answers — Department of Finance: NAMA Accounts (26 Feb 2013)

Éamon Ó Cuív: ...profit or loss made to date by the National Assets Management Agency; the book value of all property and financial assets respectively held at present and the projected profit that will be made by NAMA by the end of 2018; and if he will make a statement on the matter. [9556/13]

Bank Bailout and EU-IMF Arrangement: Motion (5 Apr 2011)

Éamon Ó Cuív: Of course. We did that when we established NAMA. Deputy Mathews is absolutely correct but one can only do that in a legal and constitutional fashion and therefore one cannot do what was suggested.

Rental Accommodation Scheme (23 Nov 2010)

Éamon Ó Cuív: I would love to answer the Deputy's question but I have been overruled by the Chair. I would have no problem talking to NAMA if I thought it would resolve the issue but what the Deputy will find is that rent supplement is being paid on many of the properties already taken into NAMA. That would not change matters. As the Deputy knows, NAMA transfers loans. Only in cases where a receiver is...

Rental Accommodation Scheme (23 Nov 2010)

Éamon Ó Cuív: I have been discussing all these issues with the Minister of State with responsibility for housing and, obviously, NAMA comes up in that context. The idea is worth exploring but I do not think there is a simple answer. When a loan is transferred to NAMA it is the loan rather than the property that is transferred. The property is the collateral. Only in cases where NAMA moves in and the...

Seanad: National Asset Management Agency (5 Nov 2009)

Éamon Ó Cuív: ...he sympathised on what we were trying to do and ensured we got the money. I am thankful his confidence was justified. I wish to set out the circumstances leading to the establishment of the NAMA master SPV and its proposed role in the NAMA process. The Minister for Finance made it clear on a number of occasions prior to the publication of the preliminary decision that discussions with...

Seanad: National Asset Management Agency (5 Nov 2009)

Éamon Ó Cuív: I am delighted because the Senator's proposal is a significant vote of confidence in NAMA by his party. I welcome this after a long and comprehensive debate. People are converging on NAMA being the way out. I believe in the theory of proportionate risk. One must consider two elements when taking a risk, the first of which is knowledge. Professional investors are always in a better...

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Éamon Ó Cuív: Tá áthas orm deis a fháil cúpla focal a rá maidir le NAMA. Tá an-bhéim á chur ar chúrsaí luachála, chomh fada agus a bhaineann siad le NAMA. Sílim gur cheart dúinn breathnú ar an cheist leathan lena bhfuilimid ag plé inniu - an chaoi ina fheidhmeoidh an tír muna bhfuil córas baincéireachta éifeachtach ann. Cé go bhfuil an córas baincéireachta thar a bheith...

Confidence in Government: Motion (9 Jun 2009)

Éamon Ó Cuív: ...bad bank proposal. In regard to the Labour Party, I appeared on a television programme with Deputy Quinn, whom I have known for a long time and for whom I have the highest regard. I am aware that NAMA is not official Labour Party policy but he fully supported the concept. He believed, however, that NAMA would have to ensure it did not pay above value for the assets, with which I agree,...