Results 1-20 of 193 for nama speaker:Alan Kelly

Ceisteanna - Questions: Programme for Government (18 May 2021)

Alan Kelly: ...be changing the commitments on housing that it has written into the programme for Government? It is reported by Simon Carswell in The Irish Timestoday that the National Asset Management Agency, NAMA, is about to sell 69 apartments in Malahide to a UK investment fund. Does the Taoiseach agree with this? Are there plans to ensure apartments like these can also be offered to first-time...

Written Answers — Department of Housing, Planning, and Local Government: NAMA Social Housing Provision (9 Oct 2018)

Alan Kelly: 539. To ask the Minister for Housing, Planning, and Local Government his plans to engage with Dublin City Council and NAMA, further to the motion passed recently at the council to transfer a site (details supplied) into State ownership to build cost rental and affordable housing; and if he will make a statement on the matter. [41005/18]

Confidence in the Minister for Housing, Planning and Local Government: Motion [Private Members] (25 Sep 2018)

Alan Kelly: ...development bank, with regional housing executives. It would be given extensive powers, money, land and expertise, as well as resources from the Housing Agency, Home Building Finance Ireland and NAMA. We have outlined our proposals in great detail. It would also create a differentiation between delivery and policy, the part with which I am very familiar. It is something that needs to...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: I welcome the witnesses back. I am sure they missed us. It has been a long time. I have four questions. My first question is a generic one. For how much longer do the witnesses think NAMA is going to exist?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: Yes. What is the plan in discussions with the Department of Finance? I see the work that has gone on in the past year or two, and in fairness I compliment a lot of it in terms of the value NAMA has generated for the taxpayer. However, Mr. Daly did say in previous hearings that as an organisation, NAMA would not be around forever? What is the work-out plan, or is there one?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: That leads me to my second question on the new proposed Land Development Agency, LDA. Were there any discussions with NAMA regarding its creation? If so, by whom, when and how? Was there any suggestion of coming together with this agency after the 2020 milestone, to which I have seen Mr. Daly refer? I agree with his sentiments concerning the future value of those strategic development...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: NAMA has not had any discussions at all?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: He might as well just tell Mr. Daly, then. I am looking for transparency. According to Mr. Daly, he would not say that NAMA had had any discussion. He can correct me if I am wrong, but I take it from that that no one in NAMA had any discussion with any Government representative in any way, shape or form regarding the LDA's creation.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: Just for clarity so that the witnesses can answer fully, did NAMA have any discussion with any human being on the Earth regarding this matter? I am not being facetious. I just need to cover this. Information is provided to us as Deputies, we hear things and so on. We come in here and ask questions because we sometimes get misinformation and people have agendas. I just want clarity. Who,...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: I thank Mr. McDonagh. His answer has been helpful. Was that the only discussion that anyone in NAMA had with anyone on what was potentially to happen? I presume that the NRDA gravitated towards what became-----

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: ..., I believe that what Mr. McDonagh suggested was deadly accurate. It is almost certain that the NRDA gravitated towards what has since been announced. Can I take it as a given that no one in NAMA had any other discussion on this matter?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: I thank the witnesses. That was helpful. I have two final questions. Strategic development zones, SDZs, have been mentioned and were outlined in NAMA's letter. Regarding a number of other sites, it is inexplicable that NAMA hit certain roadblocks getting them to the development stage. The example of the Dublin docklands was given. It has pushed on to 61%. The Poolbeg site situation...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: ...to name a site or local authority, I will. What about the Player Wills site? It is an incredible site that I know well. It covers 4.32 ha and has been vacant for more than a decade. I know NAMA's remit, I explain it to people from time to time and I know how strict its mandate is, but to the public leaving that acreage in a prime location with access to facilities and the potential for...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Alan Kelly: I respect the legal obligations and the situation NAMA is left in. I know NAMA's mandate off by heart. Having said that, it is robbing Peter to pay Paul from the public's perspective because of the economies that would be created by DCC having this site for affordable and cost-rental housing. It will cost the State more by going down this route. I know state aid rules well. I went...

Public Accounts Committee: Business of Committee (15 Jun 2017)

Alan Kelly: ...read it. We will take time to read it when we finish dealing with the correspondence. No. 566C is correspondence, dated 7 June 2017, from the chairman of the National Asset Management Agency, NAMA, stating that it will engage with the commission of investigation into the sale of Project Eagle and that no information given to the committee in their responses was wrong. This is noted. ...

Public Accounts Committee: Business of Committee (15 Jun 2017)

Alan Kelly: ...of Ireland received a clear audit opinion. Sport Ireland also got a clear audit opinion. The National Asset Management Agency got a clear audit opinion but attention was drawn to disclosures by NAMA of non-competitive procurement in 2016 to the value of €3.5 million. Are there any notes on that?

Public Accounts Committee: Business of Committee (4 May 2017)

Alan Kelly: ...but not in respect of this issue. The next correspondence is No. 429C, dated 15 April 2017, from an individual entitled "Treason and Betrayal by Public Servants" raising matters in regard to NAMA and the Angela Kerins High Court case. Is it agreed to note the correspondence? Agreed. Nos. 430C, 433C, 442C(i) and (ii) and 443C(i) and (ii)], dated 11 April, 19 April, 25 April and 26...

Public Accounts Committee: Business of Committee (4 May 2017)

Alan Kelly: ...am sorry - the clerk will make a recommendation. The use of language here is very important. Correspondence item 448C dated 28 April from the chairman of the company Flow East is in respect of NAMA and the sale of the Savarin portfolio in the Czech Republic. The correspondent has raised a number of further items subsequent to NAMA's response to his initial letter, which we had...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Alan Kelly: I will move on. The NAMA paper to the board relating to the proposal for the block sale recommended a minimum price of €1.3 billion for the sale, but it did not say that this was would achieve the best available or achievable return. Did that not concern the witnesses?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)

Alan Kelly: ...state, "The Board agreed that the paper and analysis presented therein presented a compelling commercial case to sell the portfolio, and that in addition such a portfolio sale would release NAMA from what had been a disproportionate burden of effort in light of the relative size of the portfolio". That is an interesting statement. What does "disproportionate burden of effort" mean? Mr....