Results 1-20 of 37 for nama speaker:Imelda Munster

Public Accounts Committee: Appropriation Accounts 2022
Vote 11 - Public Expenditure, National Development Plan Delivery and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of the Government Chief Information Officer
2022 Report of the Comptroller and Auditor General
Chapter 5: Vote Accounting and Budget Management (16 Nov 2023)

Imelda Munster: ...this information was gained through a freedom of information, FOI, request. It was revealed that there were €86.1 million in business as usual outsourcing. The National Asset Management Agency, NAMA, reported €281,000 in consultancy fees in 2022 and €12.7 million was the FOI figure which, again, was hidden in the business as usual outsourcing. The Office of...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: I will go back to the €265,000 sale. It was confirmed that it was a brother of the debtor and that brother had no debts. Did NAMA do a background check on whether they had any involvement in the lands, the housing estate developments or whether they had ever gained any profits from any of it?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Did NAMA do a background check?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Right, but did NAMA do that background check-----

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: -----or was it just word of mouth? Did NAMA do a thorough background check?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: I know he was not a debtor. Out of curiosity, was NAMA not concerned about somebody Mr. McDonagh said had either caused staff to feel intimidated or where the receiver resigned because of intimidation? Was NAMA not concerned about selling the debts off to a brother of that person who, according to Mr. McDonagh, may have been involved in either the intimidation of the receiver and other...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: NAMA had already given the 97% reduction so-----

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Had NAMA not paid €4.3 million?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Even if NAMA had overpaid the bank for whatever reason, there is a considerable difference between €4.3 million and €265,000.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Mr. McDonagh is concerned about the litigation. Did he gloss over the fact that there was a very close relative, a brother, of somebody? NAMA staff felt threatened. Its receiver had resigned. The decision was to sell it to him anyway and gloss over that because-----

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: However, NAMA would already have had to tell the Minister that it bought it for €4.3 million and was then flogging it at €265,000.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: However, looking at that, it could be said that NAMA had already lost €4.3 million.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Had NAMA furnished them with information that the local authority had already made an offer of €265,000?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: However, NAMA gave them that information.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Did NAMA ever ask them to take Moore Street out of the package? Did Mr. McDonagh ever meet with the Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media to discuss it? He would have been fully aware of this campaign for a cultural quarter.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Could NAMA have, at any stage, removed Moore Street, given the significance of the site? As Mr. McDonagh said, it included Dundrum Town Centre and Swords Pavilions. It was a massive area. Could NAMA have removed that from the package and still proceeded with the sale?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: ...had it been removed initially. I often think about being able to do something to preserve a site like that and doing your utmost to make sure it is preserved. That is particularly the case with NAMA, which was tasked with selling off sites. You could have done that. That would be some legacy to leave to our grandchildren and future generations. To think it was not done and not much...

Written Answers — Department of Culture, Heritage and the Gaeltacht: National Asset Management Agency (13 Jul 2023)

Imelda Munster: 407. To ask the Minister for Culture, Heritage and the Gaeltacht the estimated value of deferred tax assets yet to be utilised by NAMA-participating banks; the Government’s policy towards corporation tax loss relief with respect to NAMA-participating banks where the State reduces or entirely divests its shareholdings in respective banks; and if she will make a statement on the matter....

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Imelda Munster: I apologise for being a bit late arriving. Was it 2,445 houses in total that were delivered to councils or approved housing bodies by 2018 or did NAMA only provide around 500 between 2015 and 2018?

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Imelda Munster: NAMA is ahead of that. Is it true that more than half of the houses were social housing acquired from NAMA debtors, who were leasing to approved housing bodies?