Results 1-20 of 45 for nama speaker:Leo Varadkar

Written Answers — Tourism Industry: Tourism Industry (9 Nov 2011)

Leo Varadkar: NAMA has purchased eligible land and development loans and certain associated loans from participating institutions. Hotels loans have transferred only because they have been advanced to debtors who also have land and development loans. I understand from NAMA that it has acquired loans secured by some 83 hotels located within the State, of which 81 are open for business, with an estimated...

Written Answers — Tourism Industry: Tourism Industry (6 Jul 2011)

Leo Varadkar: ...employing people by halving employers' PRSI for those on modest wages and also by reviewing the regulatory framework for employment in a range of sectors. In regard to hotel-backed loans held by NAMA, under Section 66 (1) (a) of the National Asset Management Agency (NAMA) Act, the participating institutions were required to service loans in the same manner as a prudent lender, prior to...

Leaders' Questions (Resumed) (12 Jun 2018)

Leo Varadkar: If one is asked a question about a hospital or a school, there is a good chance one will check with the hospital or the school for the answer to the question. With regard to the NAMA surplus, I recall the debates about establishing NAMA very well. Many Members said that NAMA would end up with a large deficit. It was suggested there would be a deficit of up to €10 billion. I...

Ceisteanna ó Cheannairí - Leaders' Questions (28 Nov 2018)

Leo Varadkar: It is not the case that they are public property. NAMA owns the loans not the properties and it is disingenuous to make out that a property which is held as collateral against a loan owned by NAMA is public property, something I have seen a few times. That is not the case. In the past week or two, some of the Deputy's fellow travellers in his party had to admit that a property was not...

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (30 Jun 2022)

Leo Varadkar: ...a long note on this and, out of respect to other Deputies, I will give the Deputy the note rather than reading it out. The information I have is that Carrickmines is not owned or controlled by NAMA but there are units under the control of a NAMA-appointed receiver, John McStay of McStay Luby. The receiver has advised NAMA of his understanding of the current position regarding block...

Ceisteanna - Questions: Cabinet Committee Meetings (20 Sep 2017)

Leo Varadkar: No, a decision has not been taken because many of the details have yet to be finalised. There has been a great deal of discussion with NAMA by the Departments of Finance and Housing, Planning and Local Government. Any change in the remit of NAMA would require primary legislation, which would have to come before the Houses for debate, and consultation and discussion with the European...

Ceisteanna - Questions: Ministerial Dialogue (16 Jan 2018)

Leo Varadkar: ...local infrastructure housing activation fund use public money to provide services and access sites on which we can build houses. It is important for parties to be aware that when it comes to NAMA we have an agreement and an understanding with the European Union on the role of NAMA. The understanding covers what is not and what is required to keep it off-balance-sheet. If Deputies...

Leaders' Questions (Resumed) (12 Jun 2018)

Leo Varadkar: ..., interview people and then come to its conclusions at the end of doing that. The interim report of the Cooke commission, which I read only a week or two ago, does not make any findings against NAMA. It is largely a progress report on the work he is doing. He has requested an extension and that extension is being agreed. While there are certainly concerns in the report relating to...

Ceisteanna - Questions: Ministerial Dialogue (16 Jan 2018)

Leo Varadkar: I repeat that if NAMA were to get involved in the private rented sector or the private construction sector, that could constitute state aid. I want to make everyone aware of that as they develop policies in the coming months and years. Any such change could backfire badly on the State if suddenly NAMA was transformed into a body that was on-balance sheet or one that had to seek state aid...

Ceisteanna - Questions: Cabinet Committee Meetings (20 Sep 2017)

Leo Varadkar: ...the national maternity hospital. Perhaps we might build even more after that. My principled view is that social housing should be built by local authorities and approved housing bodies, not by NAMA. Local authorities are in place to build social housing and they are now getting back into that business. Approved housing bodies have been doing it for quite some time. They are the...

Order of Business (13 Feb 2018)

Leo Varadkar: It does not. That reference in A Programme for a Partnership Government in terms of infrastructure is NAMA funding infrastructure to access sites so that they can be developed. For example, the link road between the N2 and the N3 in the Tyrrelstown and Hollystown areas, with which the Deputy will be familiar, was part funded by NAMA thus allowing that land to be opened up for development....

Written Answers — Sport and Recreational Development: Sport and Recreational Development (6 Jul 2011)

Leo Varadkar: ..., the Minister for Finance has responsibility for the National Asset Management Agency and Minister Noonan has answered Parliamentary Questions on this matter in the Dáil recently. For details of NAMA's commitment to contributing to broader social and economic objectives, such as those set out in the Deputy's question, I would refer the Deputy to questions answered by the Minister for...

Ceisteanna ó Cheannairí - Leaders' Questions (6 May 2021)

Leo Varadkar: ...is not that affordable housing will only be built on public land. It will also require the acquisition of land in some cases and it may be built on private land as well. I will go back to the NAMA portfolio, which was not mentioned by the Deputy. It is the crucial point that he left out. Why would somebody leave the crucial point out of one's argument? The crucial point about the...

Ceisteanna - Questions: Commissions of Investigation Expenditure (25 Sep 2018)

Leo Varadkar: ...I am the specified Minister under the Commissions of Investigation Act 2004 are the Irish Bank Resolution Corporation, IBRC, commission of investigation and the National Asset Management Agency, NAMA, commission of investigation. Following consultations with the Opposition parties by the then Minister for Finance, the IBRC commission of investigation was established in June 2015. Mr....

Leaders' Questions (Resumed) (12 Jun 2018)

Leo Varadkar: I may be wrong on that point but most people argued at the time that NAMA would not break even and that there would be a deficit.

Leaders' Questions (Resumed) (12 Jun 2018)

Leo Varadkar: I have to be honest that I was one of the people at the time who thought there would be a NAMA deficit.

Leaders' Questions (Resumed) (12 Jun 2018)

Leo Varadkar: However, there will not be a NAMA deficit.

Leaders' Questions (Resumed) (12 Jun 2018)

Leo Varadkar: -----NAMA has done its job.

Written Answers — Department of An Taoiseach: NAMA Investigations (15 Nov 2017)

Leo Varadkar: In accordance with its terms of reference the Commission is due to provide a final report on the the first module of its work, the sale by NAMA of its Northern Ireland loan portfolio known as Project Eagle, by the end of June 2018, subject to section 6 (6) of the Commissions of Investigation Act 2004.

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

Leo Varadkar: ...mentioned two former Fine Gael Party leaders, Alan Dukes and Garret FitzGerald. I respect both of them but they have not been right about everything in their careers and they are not right about NAMA. We have heard very little about the views of former Fianna Fáil leaders on this legislation. They have been silent but I am not surprised. The party's previous leader, Deputy Bertie...