Results 1-20 of 112 for nama speaker:Richard Boyd Barrett

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Richard Boyd Barrett: ...whether the officials think that is a legitimate fear. In any case, the State will not gain from these units - the approved housing bodies will. Is it not the case that the net objective of NAMA is to get the money back and refloat the property market? Is it not the case that the result of NAMA will be to put many of those who got us into this mess back in business? That is what alarms...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Richard Boyd Barrett: I thank the NAMA officials for carrying on for so long. I would like to place my questions in the context of Mr. McDonagh's point that NAMA is much more transparent and accountable than the banks. While I agree with that point, it is not a brilliant achievement on the part of NAMA in the light of the level of arrogance and contempt that the banks show when they come to this forum and the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of NAMA: Discussion (16 Dec 2015)

Richard Boyd Barrett: ...of his statement that previously it was not commercially viable to build and it is only just about becoming commercially viable to build now. I accept that this is a mandate that was set for NAMA, so in some ways it is not really NAMA's responsibility but that of the Government. Against a background in which NAMA was set up to deal with a disastrous market failure, that same market has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion with Civic Society Representatives (9 Nov 2012)

Richard Boyd Barrett: There is the NAMA issue. I agree with Mr. Allen that we need new buildings as NAMA cannot fill the gap. What is the opinion of the witnesses on the NAMA issue? In my area, there is a sign indicating a "spirit of wonderful living" on the Stillorgan road.

Written Answers — Department of Finance: Defective Building Materials (18 Oct 2022)

Richard Boyd Barrett: 262. To ask the Minister for Finance if he will instruct NAMA to urgently pay for the remediation costs of the building defects leading to fire safety and water ingress issues at a location (details supplied); if he will ask NAMA for an explanation as to the reason that it has not done this to date when receivers controlled by NAMA in the neighbouring estate reportedly carried out similar...

Urban Regeneration and Housing Bill 2015: Report Stage (7 Jul 2015)

Richard Boyd Barrett: Deputy Mulherin is absolutely right when she says NAMA has failed spectacularly to deal with the enormous housing crisis we now face. While she does not say so explicitly, it is an implicit and severe indictment of the Government because it has allowed NAMA to behave in the way it has. Many of us on this side of the House have been saying since we arrived here and the Government took office...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Richard Boyd Barrett: Perhaps it is better to put it this way. There is no reason the State could not purchase that property or write down what NAMA must hand back to the State, on the basis of NAMA transferring it to the State. That arrangement could be made. However, the anticipation of NAMA is that there will not be much more than that. I was not suggesting that there was a conflict of interest. Frankly,...

Social and Affordable Housing (15 Nov 2011)

Richard Boyd Barrett: I do not understand how property transferred or sold by NAMA can contribute to dealing with the 93,000 people on housing lists when the Government announced over the summer that there would be no more direct building of council housing. Will the Minister square that circle for me? Will the Minister also explain the economic rationale behind local authorities leasing properties from NAMA, as...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Richard Boyd Barrett: I have never accepted the argument about the independence of NAMA. The mandate of NAMA was set by Government and by legislation and Government can change that mandate. On other matters, I long thought it should change that mandate but this issue is a very big one and everybody acknowledges that. It is not certain precisely how we would go about giving redress to people; it could be through...

Ceisteanna ó Cheannairí - Leaders' Questions (19 Oct 2021)

Richard Boyd Barrett: The Taoiseach is misleading people. He is correct that the mandate set by the Government for NAMA is to blame for this outrageous situation. Let us remember what is at stake here: thousands of families are homeless, almost 100,000 families are on housing waiting lists and 70% of working people are completely priced out of the housing market. The truth is the NAMA legislation first of all...

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

Richard Boyd Barrett: Many of the general points have been made. I will not go over them except to say that it is utterly unacceptable not to have a complete investigation into all matters pertaining to NAMA so that we can get to the bottom of what has gone on with the vast amount of assets, loans and property for which it has been responsible, and whether it has served the public interest in how it has managed...

Defects in Apartments - Working Group to Examine Defects in Housing Report: Statements (15 Dec 2022)

Richard Boyd Barrett: ...step of the way and are still not being given the support and full redress they deserve. One very specific example is the Carrickmines Green apartments. There are 235 apartments in that complex. NAMA took it over and the receiver acting on behalf of NAMA was informed by the residents of the fire defects. They pleaded with the receiver to remediate them. Eventually, under pressure,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Richard Boyd Barrett: Some members said very clearly at the time it was a mistake for NAMA to unload all these property assets and that it should instead have given them to local authorities. It was likely that vulture funds would buy at bargain basement prices. There was considerable debate about whether NAMA was engaged in a fire sale. It is not true to say this was not the subject of hotly-disputed debate at...

Other Questions: NAMA Social Housing Provision (12 Mar 2014)

Richard Boyd Barrett: ...the fact that we have a housing emergency in this country and that it needs to take emergency measures to deal with it. One aspect of that is the promised delivery of social housing units from NAMA. Could the Minister tell us how many social housing units we are getting from NAMA? The delivery seems to be pathetic. I want to hear some good news from the Government that we will get...

Other Questions: NAMA Social Housing Provision (12 Mar 2014)

Richard Boyd Barrett: Only 496 have been delivered. Others may be in the pipeline or approved as suitable but, given the fact that NAMA has this enormous property portfolio, this is pathetic, particularly against the backdrop of 96,000 families languishing on housing lists for, in many cases, over a decade. Is the Government on top of what NAMA is doing? At the weekend we discovered that much of this portfolio...

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

Richard Boyd Barrett: .... This is very unfortunate because what the report suggests is pretty explosive and makes even the Apple scandal pale in comparison. It suggests we have lost out to the tune of €18 billion on NAMA's disposal of assets far beneath their value. It goes without saying that such an amount of money could utterly transform the situation of this country and resolve our housing and...

Joint Oireachtas Committee on Housing, Planning, Community and Local Government: Action Plan for Housing and Homelessness: Minister for Housing, Planning and Local Government (Resumed) (27 Jun 2017)

Richard Boyd Barrett: I brought to public attention the Robin Hill apartments, which to my mind demonstrate everything that is going wrong with policy. NAMA sat on 15 empty units in this development for a number of years. The council tried to obtain those units from NAMA but it was refused them. NAMA sold the development to Cerberus, people are now being evicted and the 15 units remain vacant. Also, the...

Written Answers — Department of Finance: NAMA Portfolio (13 Nov 2018)

Richard Boyd Barrett: 173. To ask the Minister for Finance the number and location of all completed and unfinished residential units in NAMA's original portfolio including the residential units securing loans acquired by NAMA; and if he will make a statement on the matter. [46744/18]

Other Questions: NAMA Social Housing Provision (12 Mar 2014)

Richard Boyd Barrett: Much seems to centre on what NAMA puts forward as suitable. I take the point about properties in the middle of nowhere being of little use to anybody on the housing lists but is NAMA holding back the good properties because it wants to flog them off to speculators such as Lone Star, Apollo or Kennedy Wilson, which we have recently discovered are in the process of bidding for or buying up...

Ceisteanna - Questions - Priority Questions: Local Authority Housing Provision (10 Dec 2015)

Richard Boyd Barrett: ...Dublin today, thereby removing those 1,000 children from the street, which is utterly unacceptable? Will the Minister of State respond to my question in regard to the opening up of the commercial books of NAMA. NAMA has failed us in terms of the delivery of social housing. We need to open up its books with a view to increasing the proposed 2,000 units return, which is a pathetic return...