Results 1-20 of 39 for nama speaker:Paddy Burke

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Consequently, the Department has a role to play with NAMA. The Minister for Finance has full say over NAMA. That was in the NAMA Act that was brought forward.

Seanad: National Asset Management Agency Bill 2009: Committee Stage (10 Nov 2009)

Paddy Burke: ...not be made public. These will be placed in a closet and will never be seen by anyone other than the Minister or one of his successors. Will the Financial Regulator have any function in respect of NAMA? Having read the Bill, I cannot identify where the regulator will have a role in respect of either regulating particular matters or scrutinising the operation of the legislation. Under...

Seanad: Order of Business (18 Dec 2013)

Paddy Burke: Senator Darragh O'Brien has moved an amendment to the Order of Business: "That a debate with the Minister for Finance on the oversight of NAMA and the interaction of senior officials in his Department with NAMA and the leaking of confidential information to preferred bidders be taken today." Is the amendment being pressed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: I welcome the Secretary General and his staff. I have a few brief questions and will continue on from Senator Horkan's points on NAMA. Mr. Moran stated that NAMA could nearly do what it likes. There are quite a number of cases where litigation is taking place. Is it true that the Department of Finance is included in the litigation?

Seanad: Order of Business (12 Nov 2009)

Paddy Burke: In the debate on NAMA, which took place over recent days, a great case was made for the need to do something for hard-pressed people in negative equity who are in trouble with their mortgages. The Government is seeking to make cuts of €4 billion in the budget and perhaps cuts of €1 billion to the capital programme. At the same time we are making provision for the payment of fees of...

Seanad: National Asset Management Agency Bill 2009: Report and Final Stages (11 Nov 2009)

Paddy Burke: ..., Deputy Mansergh, was present. The issue I raise is not unrelated to amendment No. 29 by my colleague, Senator Coghlan, who also raised it on Committee Stage. It concerns property acquired by NAMA. Obviously, such property will be taken in for a reason, say, if there are over €5 million in borrowings and they are related to housing, land and so forth. There are quite a number of...

Seanad: Land Development Agency Bill 2021: Second Stage (9 Jul 2021)

Paddy Burke: .... I wish him well with this Bill. I have mixed feelings about it. We have a lot of State control in the country. Too much State control, in my view, is not a good thing. We have seen where NAMA failed miserably. It was the biggest land development agency in the world and it failed to deliver housing in this country. The whole NAMA situation is shameful. When it was set up, the late...

Seanad: Order of Business (7 Jul 2010)

Paddy Burke: ...is the Minister going with his statement? I understand the Minister for the Environment, Heritage and Local Government is taking over some of the loans of local authorities and has handed them to NAMA. Will the Leader clarify this? Local authorities have bought expensive properties that are now in serious difficulty, and it seems the Minister for the Environment, Heritage and Local...

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Paddy Burke: ...throughout the country. Enough land has been rezoned to house 3 million people. If that amount of land is available for building, I cannot see how the Minister will get a 10% premium with NAMA. Wages in the private sector are decreasing, while they have already been reduced in the public sector and might decrease further. There will also be increases in taxation. Therefore, the amount...

Seanad: Business of Seanad (6 Oct 2011)

Paddy Burke: ...from Senator Thomas Byrne that, on the motion for the Adjournment of the House today, he proposes to raise the following matter: The need for the Minister for Finance to discuss the need to amend NAMA legislation to ensure borrowers are forced to pay NAMA what they previously owed their banks. I have also received notice from Senator David Cullinane of the following matter: The need for...

Seanad: Order of Business. (1 Jun 2011)

Paddy Burke: Does the Senator seek to have a debate on NAMA?

Seanad: Order of Business. (1 Jun 2011)

Paddy Burke: ...for that. It is a matter for Senator Healy Eames to address through the Committee on Procedure and Privileges but it is not on today's Order of Business. Does the Senator seek to have a debate on NAMA?

Seanad: Order of Business (14 Dec 2011)

Paddy Burke: Senator Mark Daly proposed an amendment to the Order of Business: "That No. 11, the NAMA and Irish Bank Resolution Corporation Transparency Bill 2011, be taken before No. 1 today." However, his amendment was not seconded during the debate and consequently falls.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Do other bodies such as the Revenue Commissioners or NAMA have any involvement on the executive committee?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Could the customer get an alternative valuation? That happened in some NAMA cases when the clients got agreement on who carried out the valuations.

Joint Oireachtas Committee on Social Protection: Safe Deposit Boxes and Related Deposits Bill 2022: Discussion (24 May 2023)

Paddy Burke: NAMA took over institutions. What did it do with safe deposit boxes?

Joint Oireachtas Committee on Social Protection: Safe Deposit Boxes and Related Deposits Bill 2022: Discussion (24 May 2023)

Paddy Burke: So we did not have a situation where, when NAMA sold the loans or properties, or the banks themselves were taken over and sold on, the safe deposit boxes then became property of the bank. That would not have happened, would it?

Seanad: Order of Business (21 Jun 2011)

Paddy Burke: ...of the Seanad and Dáil Éireann to the Visitors Gallery, Paul Connaughton. Senator Mark Daly has proposed an amendment to the Order of Business, "That statements on the Taoiseach's comments on NAMA be taken today." Is the amendment being pressed?

Seanad: Order of Business (16 Dec 2013)

Paddy Burke: Senator Darragh O'Brien has proposed an amendment to the Order of Business: "That a debate with the Taoiseach, the Minister for Finance or the Minister for Justice and Equality on the operation of NAMA and to clarify whether the Garda Commissioner has been asked to investigate allegations of corruption or impropriety in that agency be taken today." Is the amendment being pressed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: There is a housing crisis in this country and five Irish developers have taken a case to the Commission with regard to what they believe is unfair competition with the bad State bank called NAMA. The case has been with the Commission for almost a year and a half. Will the Commissioner tell us when the case might be decided? Will she prioritise it as it could have an effect in dealing with...