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Results 1-20 of 29 for nama speaker:Michelle Mulherin

Seanad: Housing: Statements (25 Apr 2018)

Michelle Mulherin: ...receiving, notwithstanding that on that same income they are managing to pay rent which is the equivalent of what they would be paying on a loan.What is the National Asset Management Agency doing? NAMA controls land banks and has brought many builders to their knees. It announced great programmes for building housing, getting involved in an area which, to my mind, it decided to do late...

Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Second Stage (16 Nov 2016)

Michelle Mulherin: ...be that an older person has died and the house has been left empty because of issues relating to the deceased person's estate. It might be the case that builders have problems with banks or with NAMA and do not know where things stand. We must get to the bottom of this so that we can find the people with the decision making power. It is surely the case that people do not want to have...

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

Michelle Mulherin: The Minister of State made comparisons between secured lenders and banks. This is not the case, given the activities of NAMA as a developer entering into joint ventures. As I do not even have support from the Opposition, I will let the matter rest.

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

Michelle Mulherin: I thank colleagues for their contributions and the Minister of State for his response. For the past three to four years, I have been raising various questions and issues to do with NAMA, at the finance committee, by way of parliamentary questions and directly with the Minister in the House. Most of the answers I received left a lot to be desired. When NAMA was established, we were assured...

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

Michelle Mulherin: ...in the same spirit. The purpose of the amendment is to extend the definition of the term "owner" to include property which is in the de factocare and control of the National Asset Management Agency, NAMA. One of the main objectives of the Bill is to assist in addressing the housing shortage by tackling the hoarding of property. The National Asset Management Agency is the largest...

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Urban Regeneration and Housing Bill 2015: Committee Stage (30 Jun 2015)

Michelle Mulherin: ...will levy the local authority? I know we have an opportunity to submit amendments up until tomorrow. On Second Stage I raised a question on the considerable number of development sites that NAMA controls. I wish to ensure that any property under the care and control of NAMA is treated in the same way as if NAMA owned the property. We know that in many instances developers are...

Urban Regeneration and Housing Bill 2015: Second Stage (Resumed) (16 Jun 2015)

Michelle Mulherin: Another issue of concern is the position of the National Asset Management Agency, NAMA. Will the Minister of State clarify whether it will be penalised in the same way as everybody else and challenged to deliver on housing? I refer here not to the property developers over which NAMA has a stranglehold but to the agency itself. I received a reply to a parliamentary question last week which...

Joint Oireachtas Committee on Public Service Oversight and Petitions: Role and Remit: Financial Services Ombudsman (12 Nov 2014)

Michelle Mulherin: Would Mr. Prasifka have any objection to NAMA coming within his office's remit if the position relating to it changed?

Joint Oireachtas Committee on Public Service Oversight and Petitions: Role and Remit: Financial Services Ombudsman (12 Nov 2014)

Michelle Mulherin: ...regard or relating to diesel laundering, though the latter may have less influence on the operation of a vehicle? I have received many complaints relating to the National Asset Management Agency, NAMA. I know the transactions involved are substantial and the people involved may not have recourse to the Financial Services Ombudsman but can Mr. Prasifka envisage his office taking a role...

Finance Bill 2014: Second Stage (Resumed) (5 Nov 2014)

Michelle Mulherin: .... In the interests of achieving the best value for taxpayers' money I cannot obtain confirmation of what the small difference was or that the taxpayer received value for money, other than what NAMA stated at the committee meeting. There does not seem to be any transparency or accountability. NAMA seems to be stating the highest bidder in this case, a globally trading hedge fund which I...

Finance Bill 2014: Second Stage (Resumed) (5 Nov 2014)

Michelle Mulherin: ...which filling stations are involved. They are filling up their tanks innocently and coming out with damaged vehicles. I understand it takes only one fill to damage a car. I have raised the issue of NAMA, transparency, accountability, the treatment of developers and, above all, value for money for taxpayers on numerous occasions with the Minister in the House, at committee meetings and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michelle Mulherin: I would like to focus on my concern about the way in which NAMA has been dealing with developers. Particular cases have been brought to my attention. It would seem from both media commentary and information I have received myself that in many cases developers, some of whom have performing loans and were only brought under NAMA's remit through legislation, are being brought to their knees....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michelle Mulherin: Mr. McDonagh is saying that NAMA refused the highest offer on the basis of the conditions being attached to it by the offerer.

Housing Provision: Motion [Private Members] (23 Sep 2014)

Michelle Mulherin: ...already been implemented. However, problems remain. In the time available to me, I will focus on a particular aspect of housing, namely, the role played by the National Asset Management Agency, NAMA, in the sector. NAMA is one of the largest property companies in the world and has a major bearing on the recovery of the property market and construction sector in this country via the...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Commercial and Domestic Property Supply and Demand: Property Industry Ireland (23 Sep 2014)

Michelle Mulherin: ...- which has responsibility in respect of providing water supplies and sewerage facilities - this should be dealt with in a different way and should not be levied by means of planning permission? NAMA is becoming involved in constructing residential properties, in respect of which it has great plans, and commercial units. One of the points which has been made is that the way to plan for...

Housing Provision: Motion [Private Members] (30 Apr 2014)

Michelle Mulherin: ...we embark on planning to meet people's housing needs in all shapes and forms - through the private sector, social housing and so on - we should remember that nearly 2,500 housing units offered by NAMA for social housing were rejected as not being required because obviously those houses were in areas without such a need. I have some experience of this in County Mayo, where a quarter of...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Current Housing Demand: Discussion (15 Apr 2014)

Michelle Mulherin: NAMA has indicated that of the stock it has offered up for social housing only half has been taken up by either the council or the housing associations. In other words, only half has been of interest. I am keen to hear the comments of the deputations on that in 30 seconds.

Written Answers — Department of Finance: NAMA Portfolio (1 Apr 2014)

Michelle Mulherin: 169. To ask the Minister for Finance the working capital the National Asset Management Agency has had to invest into the operation and trading of a company (details supplied); the reason, since NAMA reneged on the management buy-out pursuant to agreement dated 27 January 2014; and if he will make a statement on the matter. [14969/14]

Topical Issues Debate: Job Protection (11 Mar 2014)

Michelle Mulherin: I understand the nature of examinership. With all due respect, NAMA took on a healthy and profitable company. The company got into the difficulties that required it to go into examinership on NAMA's watch. I think questions need to be asked about the way NAMA is doing its business. Companies that do not have problems are encountering problems when they come under the NAMA umbrella. That...

Topical Issues Debate: Job Protection (11 Mar 2014)

Michelle Mulherin: ...the hard work of management and staff over the years. It has grown from a single shop in Castlebar, County Mayo, to a chain of 54 stores nationwide, with a growing online business. As a result of NAMA's shenanigans in handling the sale of the business, however, this profitable company has gone into examinership. Is this how NAMA, the largest property company in the world, should be...

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