Results 1-12 of 12 for nama speaker:Neasa Hourigan

Written Answers — Department of Finance: National Asset Management Agency (26 Apr 2022)

Neasa Hourigan: 507. To ask the Minister for Finance the circumstances in which NAMA agreed to write of £100 million debt owed by a company (details supplied); the reason NAMA was unable to recoup any funds from the sale by the company of the 146 apartments it was set up to develop; and if he will make a statement on the matter. [20233/22]

Written Answers — Department of Finance: National Asset Management Agency (2 Nov 2021)

Neasa Hourigan: 244. To ask the Minister for Finance his plans to amend the National Asset Management Agency Act 2009 to allow NAMA to build affordable housing on its land holdings instead of the need to maximise commercial returns; and if he will make a statement on the matter. [52055/21]

Written Answers — Department of Finance: National Asset Management Agency (2 Nov 2021)

Neasa Hourigan: 247. To ask the Minister for Finance if NAMA can provide a map and details of lands it holds by location, size, planning permission and commercial viability analysis, respectively. [52058/21]

Committee on Budgetary Oversight: Public Service Performance Report 2020: Discussion (20 May 2021)

Neasa Hourigan: ...capital spending a number of times this morning. In recent months at several committees and also in the media there has been discussion about various versions of valuations, particularly with NAMA coming to an end. I understand that the Department of Public Expenditure and Reform was doing some work on standardising the process for valuation and introducing some controls on that. I ask...

Public Accounts Committee: 2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 – Superannuation and Retired Allowances
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Accounting for Capital Assets
Chapter 5 - Accounting for Allied Services (22 Oct 2020)

Neasa Hourigan: Is Mr. Watt happy that the Department's advice and the move to regularise valuation is being implemented by various Government bodies and Departments? NAMA appeared before this committee a couple of weeks ago and there were issues with valuation not being done in the right way. Is Mr. Watt happy that this is being implemented and that there are sufficient skills in Departments to implement...

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: ...Carthy and am trying to get to grips with all of this. I have a question but I will check that I have it right before I ask it. Clairvue is the fund that bought the loans and was introduced to NAMA by Avestus. Is that right?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: NAMA had told Avestus, or it had worked out and NAMA had confirmed for it, what the lowest or acceptable bid was. Clairvue offered almost exactly that, which we now know was probably less than it was worth. In some of the submissions today I am reading that Clairvue paid Avestus a fee in performance-related compensation. What does that relate to?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: On that relationship between Avestus and Clairvue, they effectively were trading information between themselves around what the asset was worth and NAMA's position under the section 172 declaration is that the Irish State has no recourse here?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: Is Mr. McDonagh aware of any of this type of information trading impacting any other NAMA transactions?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: This is a slightly broader question. Given that our bondholders are repaid and considering NAMA's projections of a €49 million financial loss in 2020, is it still the plan to wind down and dispose of assets on the existing timeline? If so, why? Would it be more prudent for the State to hold on to some of these assets and realise the more annualised yield?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: Does that change NAMA's schedule in terms of 2021?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Neasa Hourigan: I will stop Mr. McDonagh there because I want to get one more question in before we go. How does NAMA's performance compare with that of other international asset management agencies in the same period, in Mr. McDonagh's estimation?