Results 1-20 of 28 for nama speaker:Eamon Ryan

Commission of Investigation (National Asset Management Agency) Order 2017: Motion (23 May 2017)

Eamon Ryan: ...to support it. The Committee of Public Accounts has published a report that compels us to look further into the differences it outlined between the Comptroller and Auditor General's office, NAMA and the Minister. Like Deputy Catherine Murphy, I have concerns about the mechanism of using commissions. We have seen the legal knots that we can get ourselves tied up in with such a...

Written Answers — Department of Finance: NAMA Property Sales (15 Jan 2019)

Eamon Ryan: 178. To ask the Minister for Finance the median selling price for NAMA units sold each year in each of the Dublin local authorities; and the median sales and lease price at which new units from NAMA are sold and leased to local authorities and approved housing bodies. [1626/19]

Written Answers — National Asset Management Agency: National Asset Management Agency (23 Mar 2010)

Eamon Ryan: My Department is informed by the National Assets Management Agency, NAMA, that the data and analysis provided by my Department, as required under Statutory Instrument No. 88 of 2010, have been taken into account by NAMA in its determination of appropriate adjustment factors for the long-term economic value of property assets. I am making the information publicly available on my Department's...

Topical Issue Debate: NAMA Property Sales (20 Jul 2016)

Eamon Ryan: I am surprised we have allowed this to get to this stage. If officials and NAMA have been involved in talks and been haggling over price, which I presume is what the Minister of State said, how have we let it be publicly put up for sale? Media reports suggest it has an asking price of some €2.5 million but the problem is that, when it is opened up to other bidders, it will be...

Banking System: Motion (Resumed) (13 May 2009)

Eamon Ryan: ...Department of Finance in Merrion Street. As good as the Department of Finance is, I do not believe the people in it have the skills and ability to run six banks. I agree with Deputy Bruton. The NAMA allows us to do what he is suggesting regarding the use of some of the resources within the existing banks, as we manage them back to recovery by taking out the bad assets, to raise funds...

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Eamon Ryan: It also has taken time for the officials in NAMA to carry out their fundamental first task, which was to ascertain the scale of the losses. Real lessons were learned that banks do not necessarily present information in the timely and honest fashion that was need and that it was right for the Government to take the firm action of sending in independent analysts rather than trusting the banks....

Written Answers — Department of Arts, Heritage and the Gaeltacht: National Parks Projects (21 Jul 2016)

Eamon Ryan: 414. To ask the Minister for Arts, Heritage and the Gaeltacht if she will consider entering into talks with NAMA regarding the 4,000 acres in Glenasmole with a view to developing it into a national park. [23902/16]

Written Answers — Department of Arts, Heritage and the Gaeltacht: NAMA Assets Sale (29 Nov 2016)

Eamon Ryan: 60. To ask the Minister for Arts, Heritage and the Gaeltacht the progress that has been made in regard to the purchase of 5,000 acres from NAMA in the Glenasmole valley; if an agreement has been reached; and the terms of the purchase. [37398/16]

Committee on Budgetary Oversight: Fiscal Outlook, Competitiveness and Labour Market Developments: Discussion (22 Feb 2017)

Eamon Ryan: Section 12(8) of the NAMA legislation allows for that.

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion (29 Mar 2017)

Eamon Ryan: Well it would in my case, Deputy McDonald. It would help tremendously because we would have the facts in an open and transparent way. I still put the case for that amendment to the NAMA legislation as one of the ways of uncovering what exactly we got on all the different deals.

Banking System: Motion (Resumed) (13 May 2009)

Eamon Ryan: ...made in terms of getting the banks back working and, crucially, the taxpayer has a chance to sell back the shares and get a return for the investment. That is one of the reasons why I believe the NAMA approach rather than the nationalisation one is the right way forward. I will not denigrate the approaches, or dispute the right of Deputies to propose alternatives, but let us not scare...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Eamon Ryan: ...Murphy is right that we need transparency in all things we do. One of the Green Party's proposals two years ago to the Minister for Finance, to whom I wrote directly, was that on the wind down of NAMA, there should be full transparency of all the arrangements, including prices paid, par values and every detail of every transaction for those lenders from NAMA who were not able to work out...

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion (29 Mar 2017)

Eamon Ryan: ...of the political system and the property development sector tells me that one would track a very high discount rate because how could one trust who is behind a deal or what the actual deal is? NAMA's role in that is the key question for us. A key question in that regard concerns Mr. Hanna - I am conscious of being careful about naming names - who was under investigation by the Public...

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

Eamon Ryan: ...confidence that we can do it. We need to have confidence in ourselves because we are legislating for ten to 15 years or whatever time it takes to work it out. All sides of this House will manage NAMA in that time. Does Deputy Gilmore believe that the Labour Party in Government could make a contribution better than that of some of the developers and bankers in recent years?

Inland Fisheries Bill 2009: Report and Final Stages (11 Mar 2010)

Eamon Ryan: ...the terms of his mortgage or other debt with the lender would not be caught by this provision. I understand also that this was debated in the context of the appointment of the board in the NAMA legislation, so it has been discussed elsewhere. While I agree there is an issue, we do not have the facility or ability to amend the 1988 Act here. While that needs to be done, maintaining the...

Topical Issue Debate: NAMA Property Sales (20 Jul 2016)

Eamon Ryan: ...be added to the Wicklow National Park, which it would grow by some 10%, providing an amazing facility for the people of this city and the whole country. What contact has the Department had with NAMA on the subject of this land? The land came into the ownership of the State through a developer who was involved in the Dundrum town shopping centre and was not able to hold onto it. NAMA...

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

Eamon Ryan: NAMA will be a small agency. It is correct that the banks should be used. Tens of thousands ordinary, decent, capable and enterprising people work in our banking system and we should not throw that away and say that they do not have a role in this. The Government can use their skills and credit management facilities to our purpose. The banks' shareholders have taken a hit, losing...

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

Eamon Ryan: ...years when we can make the reforms that are needed. However, that must be done with a stimulus package. That cannot be done while the economy continues to deflate and that is at the centre of the NAMA concept. It is important, having set out on that task and where assets are off the banks' sheets in order that they begin to lend more effectively, that there are protections for the...

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Eamon Ryan: Crucially, such an approach would not have provided what following a NAMA approach has done, namely, a clear, independent, thorough, rigorous and in many ways ruthless assessment of the extent of the problem and the scale of the losses. That will be important when emerging from this situation, because as horrible and difficult as are these losses, I prefer to know what they are rather than...

Economic Issues: Motion (Resumed) (7 Jul 2010)

Eamon Ryan: ...what it is against and explain what it would actually do. Does it really want to default? Is that what it will do when it goes into government? Do its members really believe we should not have NAMA? How would they change it? They need to be specific because neither main Opposition party has been in any way honest over recent years about the difficulties facing us. We have managed...