Results 1-7 of 7 for nama speaker:Paul McAuliffe

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

Paul McAuliffe: I thank our witnesses for being here today. Looking back on the body of work that NAMA has done, you would have to say that, by and large, it has completed the job. We could have arguments about whether at times sales were done with too much expediency and the taxpayer may not have gained a long-term benefit given property values and everything else. Over time, perhaps there were...

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

Paul McAuliffe: ...issue. Again, that is something that was well known back in 2013. My point was that, the works aside, this was still a ten-year period, albeit with legal issues and so on, and whether it was NAMA or Dublin City Council, there was no urgency. The time is proof of that. There was no urgency to turn these apartments around in a more speedy manner.

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

Paul McAuliffe: I do accept that. It is important to say that all those works were done and all those units are back up to full scratch. In many ways, the residents were in a better situation when dealing with NAMA than if they had dealt with a developer that was not in NAMA, had gone defunct and did not have to deal with it. I accept all of that. However, my broader question was about the narrative...

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

Paul McAuliffe: However, was it not the case that the issue of delivery of supply was also an issue for NAMA?

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

Paul McAuliffe: ...that will be built in the core of the city will require some Government scheme or it will be required that there will be some form of public housing. My point is that there were many sites that NAMA owned within that. Had that conclusion been reached earlier, we could have had actually delivered more public housing over the ten-year period in which NAMA had control over the portfolio.

Public Accounts Committee: 2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Housing, Planning and Local Government (Resumed)
Chapter 11 - Social Housing
Chapter 12 - Land Aggregation Scheme.
Chapter 13 - Pyrite Remediation Scheme. (26 Nov 2020)

Paul McAuliffe: ...and Mr. O'Connor might like to answer some of these questions. Let us cast our minds back to the financial crisis because that was the context of it. Somebody described this scheme to me as NAMA for local authorities. One would imagine some drop in value as a result of that context. A total of 73 sites were identified, with 72 of them purchased for a total of €125 million. In...

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)

Paul McAuliffe: Is that to say NAMA was receiving co-operation from third-party debtors with regard to the other portfolios, the other bars on the cash outcome chart, but not with regard to this one?