Results 1-20 of 36 for nama speaker:David Norris

Seanad: Order of Business (2 Mar 2010)

David Norris: I support my colleagues on both sides of the House who have asked for a debate on banking. We need to monitor the NAMA situation. We need to counter the misinformation that is being put out. The EU has not sanctioned or given the green light to NAMA.

Seanad: National Asset Management Agency Business Plan: Statements (29 Oct 2009)

David Norris: ...not be likely to give me the €54 billion. The sums are so staggering in this case that we need to be very careful. The Minister of State said that definitive figures will not be available until NAMA has had the opportunity to assess in forensic detail the loan books involved. Why did they not go straight in, seize the books and examine them immediately? Who the hell are these people...

Seanad: Order of Business (25 Jun 2009)

David Norris: ...leaders of the various Palestinian groups to see if his release can be secured? With regard to the IMF and the economy, the record of the House will show that I suggested something very close to NAMA practically two months before the Government came up with it. I also suggested they would have to merge the banks and nationalise them. According to the IMF, I was right about NAMA, mergers...

Seanad: National Recovery Plan 2011-2014: Statements (24 Nov 2010)

David Norris: We got scrutiny back for NAMA thanks to Senator O'Toole's amendment.

Seanad: Local Government (Household Charge) Bill 2011: Committee Stage (7 Dec 2011)

David Norris: I agree with my colleague. One must be sympathetic to companies which are in serious difficulties or whose affairs are being administered by NAMA. However, the principle the Minister of State enunciated is that they are deriving no financial profit.

Seanad: Central Bank Reform Bill 2010: Second Stage (6 Jul 2010)

David Norris: ...political direction should so signally have failed to act as the watchdog. I also welcome the introduction of new accountability measures. The Minister was present, manfully, during the debate on NAMA and he knows perfectly well that Senator Joe O'Toole, seconded by myself, got significant amendments accepted by Government here in the Upper House, giving a degree of Oireachtas...

Seanad: Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2019: Committee and Remaining Stages (13 Mar 2019)

David Norris: ...those relating to Waterford Crystal and Irish Shipping. In the disgraceful case of Clerys department store, which was in the middle of O'Connell Street, a ghastly woman who was rescued by NAMA went in to kick people out and defraud them of their pensions. It was a horrible situation. I wonder whether anything in this section of the Bill will deal with such cases.

Seanad: Order of Business (19 May 2009)

David Norris: I support the calls for a discussion on NAMA. It is extremely worrying that Dr. Michael Somers has said he does not know how it will work. He does not appear to have the staff or resources to deal with the role and appears to be pleading ignorance about it. That is very worrying from the person supposed to run NAMA. I would welcome the opportunity to talk on the issue because, on 10...

Seanad: Order of Business (29 Oct 2009)

David Norris: ...board and the Tory Government unilaterally started closing mines and the miners' strike was in response to that. I ask the Leader to consider extending the ten minutes allotted for questions on NAMA, subject to there being enough questions. It is not sufficient for such a serious matter as NAMA because it only allows for two questions and replies if they are to be in any way...

Seanad: Order of Business (18 Dec 2013)

David Norris: I support Senator Darragh O'Brien. He did the Seanad and the nation a great service by raising the issue of the apparent corruption in some areas of NAMA. The Seanad should be given full credit for this. I noticed that throughout the media it disappeared and that it was suddenly credited to the Dáil, but it was Senator Darragh O'Brien and this House that really exposed it. The House...

Seanad: Order of Business (2 Mar 2010)

David Norris: ...need to examine taking a lower amount of €40 billion to write down the bondholders by €20 billion and put in a capital injection of €20 billion. Then one may find oneself in the same current NAMA position on which we are spending so much money. It is important to discuss these vital matters in the House.

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

David Norris: ...if the guidelines were a complete load of rubbish? Could they be thrown out? The amendment should read: "Guidelines issued under this section must be approved by the Oireachtas commission on NAMA before issuance". In other words, they could not be issued until they were approved. The logic behind this amendment seems to be that the commission must approve everything. However, I...

Seanad: Order of Business. (30 Mar 2010)

David Norris: ...in which he said the recently revealed figures could only have been written by Pollyanna. He said: Despite admitting that it expects a 30-per-cent-plus discount on assets to be transferred to NAMA, AIB actually booked provisions less than half that. Expect much the same to come from the other banks. That is what we have now. The Bank of Ireland has a cynical and dishonest policy of...

Seanad: Fiscal Responsibility (Statement) Bill 2011: Second Stage (14 Dec 2011)

David Norris: ...that the Government of the day did put some money aside, into the NTMA and the National Pensions Reserve Fund. I applauded that and asked for more of that because I thought it was good. When the NAMA legislation was introduced in this House, we met into the early hours of the morning. There are some survivors of those early morning meetings here today. Not many people stayed throughout...

Seanad: Order of Business (25 Jan 2012)

David Norris: ...industry, for example, as well as the role this House played in the Civil Partnership Bill. There is a series of things we have done that have not been noticed, including amendments to the NAMA legislation which made it accountable to the Oireachtas for the first time, although that took place at 2.30 a.m. and was never covered. We ought to be able to present to the public what we have...

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

David Norris: ...more severe than for the offence we have just been discussing. It would be appropriate for these two offences to be harmonised. Attempting to interfere illegally with the operation of NAMA should be treated at exactly the same level of seriousness as an individual making a false accusation against someone. In the case of a corrupt intervention or lobbying offence, the fine is not to...

Seanad: Banking: Statements (31 Mar 2010)

David Norris: .... It was not a few bankers who were responsible but the entire financial elite and not only in this country. This was a global infection. Although we are tinkering with the system, and with NAMA we are basically still only tinkering with it, it is tragic that we are not addressing the system completely. We are not addressing it radically or fundamentally. Senator MacSharry spoke about...

Seanad: Order of Business (3 Nov 2009)

David Norris: ...possible protest against this violation of a young woman's right to self-development. I wish to comment on the fact that the Government finds it impossible to provide time in the Dáil to discuss NAMA and must make use of this House to get its amendments through. That should be drawn to the attention of those who believe Seanad Éireann has no function whatever. It plainly has an...

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

David Norris: ...scrutiny of this legislation is important. I have only just seen the amendments but I understand they are intended to extend the protection of the whistleblower section to personnel under the NAMA umbrella who were not previously covered. That is very important. I had not realised that this was a Fine Gael suggestion. It indicates that the Government can work well when it does so in a...

Seanad: Order of Business (18 Nov 2009)

David Norris: ...next Tuesday. It will not calm matters. The same bank announced it underestimated by €1 billion the write-off of its current bad loans. What does that say about the Government's figures for NAMA? A major property developer whom I will not name said at the launch of Fintan O'Toole's book yesterday that the Government's figures are off the wall. I put on the record the views of Mr....