Results 1-20 of 260 for nama speaker:Joan Burton

National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (Resumed) (29 Jan 2019)

Joan Burton: ...a serious risk of unemployment and families, individuals, towns and the whole country may again experience distress and hardship. We have the largest cloud hanging over the economy since the bank guarantee, NAMA, the collapse of the banks and the working out of that. I was part of the Government that had to take up the reins of a mess when Fianna Fáil walked off the pitch and...

Ceisteanna - Questions: Legislative Programme (29 Jan 2019)

Joan Burton: ...important, complex and technical to come before the Dáil for quite a number of years. The only more significant legislation I can recall in recent history is the ill-fated bank guarantee and the NAMA legislation. When we are talking about very complex legislation, if we fail to have adequate scrutiny and understanding of it, we often end up with bad outcomes that we spend many years...

Written Answers — Department of Housing, Planning, and Local Government: Approved Housing Bodies (7 Sep 2018)

Joan Burton: ...Government his views on the purchase by approved housing bodies, AHBs, with public funds of properties being sold by vulture funds that were previously sold by the National Asset Management Agency, NAMA; the cost of such acquisitions; and if he will make a statement on the matter. [36957/18]

Committee on Budgetary Oversight: Priorities for Budget 2019: Discussion (19 Jun 2018)

Joan Burton: ...believe it is correct to establish a rainy day fund per sewhen the Government could establish a housing development bank or corporation that would use funds, including projected dividends from NAMA, to fund local authority social and affordable housing? Money would be repaid to the development bank fund via social housing rent and mortgage repayments on affordable social housing. Do the...

Ceisteanna - Questions (Resumed): Departmental Operations (23 May 2018)

Joan Burton: ...address something like housing for older people. That would produce a rate of return as opposed to investing this €500 million somewhere around the world in whatever the National Asset Management Agency, NAMA, comes up with to invest in. Any impact of this amount on the Government's finances is trivial. It a completely phony arrangement designed to shore up the Government's...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Joan Burton: ...by the crash and the collapse of the construction industry. I am really interested in knowing what the Minister intends to do to restart the model. There are many reports indicating that when NAMA offered apartments to local authorities, particularly South Dublin County Council and the others on the south side, they turned them down. I include the councillors in this. The apartments...

Committee on Budgetary Oversight: Fiscal Outlook, Competitiveness and Labour Market Developments: Discussion (22 Feb 2017)

Joan Burton: During the debate on NAMA, I proposed the social investment clause which the then Minister for Finance, the late Brian Lenihan, accepted. It was one of the few changes a Minister for Finance ever accepted in anything. I am disappointed it has not worked out or been utilised more. However, there is something that might be helpful to the committee or to Ireland in general. Patricia King...

Leaders' Questions (2 Feb 2017)

Joan Burton: ...of Finance as designated officials to ensure that lobbying on tax matters, particularly by vulture funds, can no longer be hidden in the shadows? In the context of the €150 million paid by NAMA, how much does the Government expect to collect from other companies following the rule changes?

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Joan Burton: ...in to such an extent that the people tasked with carrying out the commissions' work found it very hard to fulfil their remit within a reasonable timeframe. People who have asked questions about NAMA are to be commended. It is proper that answers to the different questions that have been asked be given but a commission of investigation could go on for years or be so broad as to be almost...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Joan Burton: ...more millions in lawyers' fees. I want to see something focused and directed that will provide answers to those reasonable questions that can be established. Some of what has happened in NAMA, particularly in respect of valuations, is a question of opinion. I do not honestly think that there will ever be a report that will be able to reconcile the understandable views and case made...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (9 Nov 2016)

Joan Burton: ...equity in a project. The Minister may be trying to address the specific issue that there are not sufficient lines of credit available, particularly for small and medium-sized developers. However, the NAMA-style developers or international investors, by and large, have lines of credit available to them. I do not see why this scheme should be in place up to 31 December. The Minister...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (9 Nov 2016)

Joan Burton: No, they are builders coming out of the bigger developers who own some of these sites. They are basically in NAMA or recently exiting NAMA.

Commission of Investigation (Irish Bank Resolution Corporation) Bill 2016: Second Stage (8 Jul 2016)

Joan Burton: ...important that comprehensive answers should be available to any questions on them. We also have the question of write-offs which were incurred at IBRC on the sale of Siteserv. I took part in the debate on the creation of NAMA. I was extremely critical and did not support the formation of NAMA. However, once it was formed as the State's bad bank for the purpose of rescuing what...

Single Resolution Board (Loan Facility Agreement) Bill 2016: Second Stage (8 Jun 2016)

Joan Burton: ...want a family home in which they can raise their children. However, there is again a problem with banks in terms of financing builders and developers, in particular medium-sized and larger developers. NAMA has been funding some developers but the banks in general are not doing so as yet. We still do not have the kind of flow of development from the strategic investment fund that ought...

Leaders' Questions (26 Nov 2015)

Joan Burton: The Deputy has set out on Leaders' Questions a series of very detailed questions relating to a specific institution - NAMA - that is answerable to the Committee of Public Accounts. The Deputy is, I suppose, using a trick deployed by lawyers. He is asking a question and he is very confident he knows the answer to it but I have had no notice of it.

Leaders' Questions (26 Nov 2015)

Joan Burton: -----but the Deputy has named them nonetheless, I am told the facts are there are no claims of wrongdoing against NAMA. However, the Deputy clearly has issues with regard to the people he has named. Clearly, at the base or back of his particular complaints is probably his own unfortunate experience, to which he has referred on many occasions. Understandably, he has a very strong vested...

Leaders' Questions (26 Nov 2015)

Joan Burton: ...of the public records and the media that he suffered. This does not mean that because he feels a very strong personal sense of grievance, which I understand, that his claims of wrongdoing against NAMA stand up. I said to him before on this that NAMA is answerable to the Committee of Public Accounts. I strongly advise the Deputy to take the issues he has raised here, if they are...

Leaders' Questions (26 Nov 2015)

Joan Burton: I appreciate the Deputy's concern in the matter, and if he has had no contact with NAMA, I accept that, but I certainly have seen in the public media and I am aware that he was a very fine developer and builder who lost out, as so many others did, in the course of the property collapse in Ireland.

Leaders' Questions (19 Nov 2015)

Joan Burton: In addition, on the finance side, we have a whole series of initiatives undertaken by NAMA, the NTMA and the strategic investment funds to get affordable housing.

Leaders' Questions (19 Nov 2015)

Joan Burton: Second, we have NAMA committed to building a significant number of affordable and social housing, which has already started. Third, we have the recent announcement of the further investment being provided in respect of a further 1,500 units by the Strategic Investment Fund. All of this means we have under way the biggest housing programme ever undertaken in Ireland