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Results 1-11 of 11 for nama speaker:Regina Doherty

Seanad: An tOrd Gnó - Order of Business (8 Nov 2023)

Regina Doherty: ...merits of updating the cap that was introduced in 2013. In fairness, it was introduced at the time to stop developers and builders who had hoards of money from putting it into their pensions as opposed to giving it to the likes of NAMA or any of the institutions that were around at the time, knowing of the difficulties we were suffering with regard to the building industry at that time....

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

Regina Doherty: ...things that other people would have expected them to do, be they debtors, politicians or people in Ratoath. The terms "social dividend" and "social return" were bandied around an awful lot when NAMA was established. From where did they come, given that section 10 probably precluded any of NAMA's activities from ever giving a social dividend, given the climate we had in 2009? I was not...

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

Regina Doherty: In effect section 10 overrode section 2. NAMA was paid for the land it sold to the Department of Education and Skills and the land for social housing. There were no dollars lost.

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

Regina Doherty: I cannot find readily, which is not to say it is not there, the cost of managing the assets NAMA has taken over since 2009. NAMA does not manage them itself. Can Ms Birmingham tell me if it is possible to get information for the past nine years on who manages them, the breakdown of contracts, how they are awarded, and whether there is an audit of what the sub-contractors charge the...

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

Regina Doherty: Do they charge NAMA?

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

Regina Doherty: Is there an audit, from NAMA’s perspective, through the debtors and receivers, of the third party contractor doing the work, whether securing the property, or fixing a window?

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

Regina Doherty: That is why they do not appear in NAMA’s books.

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

Regina Doherty: Does NAMA audit every single deduction that the debtors or receivers make?

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

Regina Doherty: ...today versus the cost in 2009? I ask because I have heard anecdotally from several sources that contractors were charging, for example, €10 to do a particular job but the final bill sent to NAMA by the debtor or receiver was a multiple of that amount. I want to know if there was an audit trail.

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

Regina Doherty: Is NAMA auditing them itself?

Leaders' Questions (18 Dec 2013)

Regina Doherty: The Deputy’s party established NAMA.

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