Results 1-20 of 306 for nama speaker:Mick Wallace

Defence Forces: Motion [Private Members] (12 Jun 2019)

Mick Wallace: ...that money but it does not want to give members of the Defence Forces a proper wage. It does not make any sense, and it does not add up. I am not even talking about the €3 billion for broadband or what is going on in NAMA. No-one wants to know about NAMA, but it has cost this State about €20 billion. Everyone says that it will go away in time and that it is history now...

Ceisteanna Eile - Other Questions: Land Development Agency (11 Jun 2019)

Mick Wallace: ...idea of a Minister setting up bodies with such vast power via statutory instrument is not necessarily the sign of a healthy democracy. A former employee of the National Asset Management Agency, NAMA, is to be appointed as chief executive officer. Will the Minister explain how Mr. Tim Bouchier-Hayes got a job, given he is involved with McCann FitzGerald, which gave advice on the...

Ceisteanna Eile - Other Questions: NAMA Transactions (17 Apr 2019)

Mick Wallace: ...a shell company based in Luxembourg for €26 million. How can the Minister stand over this? On a different issue, the Minister might be aware of a recent case in the United States involving a NAMA debtor versus NAMA and the National Asset Loan Management, NALM, it was argued by NAMA that NALM was a sovereign and, therefore, subject to the foreign sovereign immunity Act, which...

Ceisteanna Eile - Other Questions: NAMA Transactions (17 Apr 2019)

Mick Wallace: 44. To ask the Minister for Finance if he has had discussions with NAMA officials or his officials with regard to the UN special rapporteur letter on Ireland which stated that 93% of NAMA assets have been sold to foreign investors; and if he will make a statement on the matter. [17801/19]

Ceisteanna Eile - Other Questions: NAMA Transactions (17 Apr 2019)

Mick Wallace: The question relates to the UN special rapporteur's letter on Ireland which states that 93% of NAMA assets have been sold to foreign investors. I am not sure where the UN rapporteur got his figures but I would expect NAMA to know exactly how much it has sold and to whom. It appears that this is not the case. In a press release last week, NAMA stated that 69% of its asset sales went to...

Ceisteanna Eile - Other Questions: NAMA Transactions (17 Apr 2019)

Mick Wallace: There is a play on language here. Of the €74 billion that went into NAMA, what percentage ended up with foreign entities? The Committee of Public Accounts report into Project Eagle from 2016 showed that NAMA had sold 20% of its entire debt of €74 billion to one company, Cerberus. This works out at €14.5 billion, whether one calls it loans or assets. This included...

Written Answers — Department of Finance: NAMA Investigations (17 Apr 2019)

Mick Wallace: 58. To ask the Minister for Finance if he will consider suspending the work of NAMA immediately pending the final report of the Cooke commission of investigation into Project Eagle; and if he will make a statement on the matter. [17800/19]

Joint Oireachtas Committee on Housing, Planning and Local Government: Urban Regeneration and Housing (Amendment) Bill 2018: Discussion (28 Mar 2019)

Mick Wallace: ...at a site in Dublin city today. The major problem is that whoever owns it wants a given amount of money for it. Much of the Cherrywood land we talked about earlier was bought for peanuts from NAMA at an early stage.

Written Answers — Department of Finance: NAMA Board (28 Feb 2019)

Mick Wallace: 32. To ask the Minister for Finance if consideration has been given to conducting a recruitment process for the position of chairperson of NAMA during 2019 in the interest of transparency, in view of the fact that the present chairperson must vacate the role on 22 December 2019 in adherence with section 25(3) of the National Asset Management Agency Act 2009; and if he will make a statement on...

Written Answers — Department of Finance: NAMA Board (26 Feb 2019)

Mick Wallace: 129. To ask the Minister for Finance if conducting a recruitment process for the position of chairperson of NAMA during 2019 (details supplied) has been considered; and if he will make a statement on the matter. [9258/19]

Written Answers — Department of Housing, Planning, and Local Government: Land Development Agency (20 Feb 2019)

Mick Wallace: 61. To ask the Minister for Housing, Planning, and Local Government the number of staff he expects to be seconded from NAMA and the National Treasury Management Agency, NTMA, to the Land Development Agency; if he has had discussions with the Minister for Finance and his officials in this regard; and if he will make a statement on the matter. [8473/19]

Homelessness: Motion [Private Members] (14 Feb 2019)

Mick Wallace: ...State should not tell me that is what is being done. Fine Gael has been in government since 2011. I remember begging it not to sell Project Arrow to Cerberus at a par value of over €6 billion. NAMA was allowed to sell it for €800 million although it had a par value of over €6 billion. It was all residential property in Ireland. I begged Fine Gael and the Labour...

Written Answers — Department of Finance: Land Development Agency (14 Feb 2019)

Mick Wallace: 30. To ask the Minister for Finance if he envisages NAMA and NTMA staff being seconded to the Land Development Agency; if he has discussed same with the Minister for Housing, Planning and Local Government, the interim CEO of the Land Development Agency and the chairman and CEO of NAMA; and if he will make a statement on the matter. [7354/19]

Written Answers — Department of Finance: NAMA Transactions (14 Feb 2019)

Mick Wallace: 32. To ask the Minister for Finance his views on the fact that multiple NAMA transactions since 2010 may have been in breach of section 172 of the NAMA Act; if he or NAMA has had engagement with An Garda Síochána or the DPP regarding their ongoing investigation into one specific transaction concerning a section 172 breach; and if he will make a statement on the matter. [7355/19]

Nurses and Midwives Industrial Action: Statements (7 Feb 2019)

Mick Wallace: ...issue. We all look at what others have and what is happening in other areas. That can be very annoying. The Minister, Deputy Donohoe, knows that I have been raising the issue of the loss of money in NAMA for many years. I genuinely believe that had things been done differently, up to €20 billion could have been saved. I have probably looked under the covers in regard to NAMA...

Directly Elected Mayors: Statements (24 Jan 2019)

Mick Wallace: ...is probably the worst thing that has happened in this Chamber since I came in here in March 2011. This agency will have significantly powers to source sites and land. Will these mayors be given similar powers? NAMA still has significant powers. It controls most of the development of the Dublin docklands. Will a directly-elected mayor be able to challenge NAMA's use of its powers or...

Aircraft Noise (Dublin Airport) Regulation Bill 2018: Second Stage (Resumed) (13 Dec 2018)

Mick Wallace: ...by a private company. That is inaccurate because the individual is head of planning for a public listed company, Glenveagh Properties plc, not a private company. The company is headed by another NAMA individual the Ceann Comhairle does not want me to name. The individual who has been nominated to An Bord Pleanála is a former employee of NAMA. He was head of planning with the...

Anti-Evictions Bill 2018: Second Stage [Private Members] (12 Dec 2018)

Mick Wallace: ...a Part 4 tenancy. A new problem that has emerged in the past two years and that has contributed to rent increases is the fact that large-scale apartment blocks are being sold in bulk by developers or NAMA to institutional landlords such as REITs. It was presented to us a great idea because it was going to bring in professional landlords but it is a pity people cannot afford to pay them.

International Protection (Family Reunification) (Amendment) Bill 2017 [Seanad]: Second Stage [Private Members] (6 Dec 2018)

Mick Wallace: ...position nowadays because if we want to make improvements very often they do cost money. Where is the joined-up thinking? I wish the Government was as concerned about the absolute scandal in NAMA, probably the biggest financial scandal in the history of this State. Over €20 billion has gone missing because of how NAMA has handled its affairs and nobody wants to hold it to...

Ceisteanna Eile - Other Questions: NAMA Loans Sale (22 Nov 2018)

Mick Wallace: 11. To ask the Minister for Finance his views on the details surrounding a loan sale (details supplied) which was sold off market and for less than 10% of its original value; if he is satisfied that NAMA is not in breach of section 2(iv) of the NAMA Act 2009, which requires it to protect the interests of the taxpayer; and if he will make a statement on the matter. [48606/18]