Results 1-11 of 11 for nama speaker:Seán Sherlock

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Seán Sherlock: I will start with the Dublin docklands SDZ. My understanding of this is that in 2014 NAMA adopted a secondary objective of the facilitation of the development of office accommodation in Dublin and had an interest in 17 ha of the 22 ha of the undeveloped land in the Dublin docklands SDZ. My understanding is that Mr. McDonagh's board approved a business plan for those sites in September 2014...

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Seán Sherlock: ...? We now know that more people will be working from home and that fewer people will be required to inhabit, if you will, commercial developments. Can Mr. McDonagh give me an insight into NAMA's thinking in respect of the future of commercial developments, such as the Dublin docklands SDZ in particular, in the context of the impact of Covid on commercial space into the future? What I am...

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Seán Sherlock: We understand NAMA's remit and the legislation, but there is the potential for 3,500 residential units at the Poolbeg West site. That is clearly understood. We know that there is about 93,000 sq. m of commercial development. Will Mr. McDonagh talk me through where Poolbeg is at present? My questions are specific. Has a preferred bidder been identified for NAMA's venture partner in the old...

Financial Resolutions 2018 - Financial Resolution No. 4: General (Resumed) (11 Oct 2017)

Seán Sherlock: ...only real extra money is for landlords. There is an extra €149 million for HAP. We have a supply-side crisis and the Government's response is to allocate more money for renting. What is needed is direct State action. As well as there not being any plans for a national affordable housing scheme, we have also seen a missed opportunity to repurpose NAMA to take the lead on the...

Proposed Sale of AIB Shares: Motion [Private Members] (9 May 2017)

Seán Sherlock: ...to allow us to invest more in infrastructure and remove our constraints. Key systemic risks have reduced, unemployment has fallen and ECB funding of the banking system has decreased from a peak of €156 billion to €5 billion. NAMA bonds have decreased from €30.2 billion to €500 million and Government-guaranteed liabilities have fallen from €375 billion...

Employment Rights (11 Jan 2012)

Seán Sherlock: ...would use their absence to remove important machinery and stock. The company stated that it informed workers that their redundancy would have to come from the State's social insurance fund unless NAMA agreed to release €2.5 million held on deposit by another Vita Cortex firm on foot of an Allied Irish Banks, AIB, loan taken over by NAMA. However, NAMA issued a statement that these funds...

Employment Rights (11 Jan 2012)

Seán Sherlock: I acknowledge the point made by Deputy Martin about the legal basis of NAMA's position. I will also bring that to the Minister.

Written Answers — Planning Issues: Planning Issues (3 Dec 2009)

Seán Sherlock: ...the value of the land before the associated loan is transferred to the National Asset Management Agency; his views on this development; if he foresees significant financial implications for NAMA from this phenomenon; if he will take steps to put an end to this practice; and if he will make a statement on the matter. [44879/09]

Written Answers — National Asset Management Agency: National Asset Management Agency (21 Oct 2009)

Seán Sherlock: ...Finance regarding the National Asset Management Agency legislation and the impact it may have on the hotel industry by virtue of the fact that a number of hotels are expected to be transferred to NAMA; and if he will make a statement on the matter. [37374/09]

National Asset Management Agency Bill 2009: Second Stage (Resumed) (13 Oct 2009)

Seán Sherlock: ...the customers, not the institutions themselves and certainly not the shareholders. If a levy is imposed, the taxpayers will pay it, thus imposing another cost on the customer base. As regards the NAMA legislation, four months ago, a representative from the Irish Banking Federation told an Oireachtas committee that approximately 14,000 people in this country have mortgages which are in...

Written Answers — Banking Sector: Banking Sector (8 Jul 2009)

Seán Sherlock: ...be pursued in conjunction with the National Asset Management Agency in order to restructure the banking sector and to mitigate difficulties in appropriately pricing assets being transferred to NAMA; and if he will make a statement on the matter. [27975/09]