Results 1-20 of 21 for nama speaker:Rose Conway Walsh

Seanad: National Asset Management Agency (Amendment) Bill 2017: First Stage (4 Oct 2017)

Rose Conway Walsh: I move:That leave be granted to introduce a Bill entitled an Act to amend the National Asset Management Agency Act 2009 and the National Treasury Management Agency (Amendment) Act 2014 to empower NAMA and the Ireland Strategic Investment Fund to contribute to the stability of the housing system through the provision of social and affordable housing.

Seanad: Order of Business (3 Oct 2017)

Rose Conway Walsh: ..., as indeed they are with those who lost their lives in the incident in Marseilles at the weekend. I wish to move the National Asset Management Agency (Amendment) Bill 2017.This Bill will amend the NAMA and National Treasury Management Agency Acts to empower NAMA and the Ireland Strategic Investment Fund, ISIF, to contribute to the stability of the housing system through the provision of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: I liked the end of Mr. McDonagh's contribution, to the effect that "We're great fellas in NAMA". Mr. Daly said he welcomed the expert-led investigation into the sale of Project Eagle. One of the central questions hanging over Project Eagle was the rush to bundle a large portfolio and sell it off as quickly as possible. He went on to say he did not accept the view that NAMA moved too...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: I appreciate that this is ongoing so I will not expand on the issue any further. NAMA will obviously state that it got the best deals for citizens, whether the assets were sold to vulture funds or somebody else. Has any analysis been done into the follow-on profits that have been made by either the vulture funds or whoever bought the assets? We would then have empirical evidence of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: ...whether one looks at the original €74 billion or the €30 billion to answer the question of whether a profit or loss was made. That is how Irish citizens look at it. There is an obligation on NAMA to work within the overall State.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: ...is difficult for people when they see the likes of Cerberus making a profit of €77 million and paying €1,900 in tax on that. That is what people are trying to decipher in all this. Obviously, NAMA will say it got the best deal for the State but we have an obligation to question that, analyse it and examine at the figures behind it, including in respect of the selling-on...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: I need to move on because I am conscious of time. How much pressure did the Minister for Finance put on NAMA to expedite the sale of assets to reduce the debt-GDP ratio?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: When reference is made to the Government's key priorities in terms of reducing the debt-GDP ratio, that would have no influence on NAMA's decisions. Is that what Mr. Daly is saying?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: Would Mr. Daly say NAMA was mandated by the then Minister for Finance in 2013 to facilitate the funding and delivery of the 4,500 homes by the end of 2016? Mr. Daly congratulates himself on achieving that. Did NAMA have the capacity to deliver more? Was the request too modest? How was the figure arrived at? Was there a preliminary discussion with the Minister on the 4,500 houses or was...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: Would Mr. Daly say NAMA was constrained under the original Act in contributing in the way it might have been able to?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: We made proposals at the time and Deputy Pearse Doherty had a Bill, which was not accepted, proposing that NAMA freeze its sales, carry out an audit and be given a new mandate to maximise its input into the housing output. Would that have been welcomed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: I want to hear about NAMA's actions and the assets it holds in the regions rather than in the main urban centres. What are its plans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: Is it the case that the local authority in Mayo did not take up the offer from NAMA?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: NAMA has 302 staff at present. The salary costs in 2016 were €37.3 million. How do the witnesses see that panning out in the next 12 months? Will there be voluntary redundancies?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: Having looked at the remuneration packages and the other benefits of NAMA, I do not believe that will be an issue for a while. The packages are quite generous.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: Is there an explicit legal impediment to stop ex-employees of NAMA working for any of the cases on the litigation register?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations and Functioning of NAMA: Discussion (13 Jul 2017)

Rose Conway Walsh: What percentage of NAMA staff are women?

Seanad: Commission of Investigation (National Asset Management Agency) Order 2017: Motion (24 May 2017)

Rose Conway Walsh: ...only a year ago opposed its establishment because in its opinion it might impede a criminal investigation. The need for such a commission was as obvious 11 months ago as it is today. The decisions of NAMA have cost every citizen dearly; in the region of €250 billion will be lost by this State agency. A large number of citizen now realise the losses incurred were even larger owing...

Seanad: Order of Business (28 Sep 2016)

Rose Conway Walsh: ...been the Apple case, the huge efforts by the Government to hand back the €13 billion and the continuous denials that we have facilitated tax evasion and avoidance on a huge scale. We have the NAMA enquiry and the shenanigans that appear to have gone on there. I call for a debate in the House on that. The real subject I want to talk to the Leader about today, however, is health. ...

Seanad: Commission of Investigation (Irish Bank Resolution Corporation) Bill 2016: Second Stage (19 Jul 2016)

Rose Conway Walsh: ...issues, including confidentiality and problems relating to the timeline. As such, we are here again trying to put Humpty Dumpty together. It is interesting that Fianna Fáil is supporting the Bill but not the NAMA investigation. At least, that was last week's position. I am not sure what is the position this week. The country cannot stand still because the lawyers of one of the...