Results 1-20 of 59 for nama speaker:Ivana Bacik

Seanad: Order of Business (23 May 2012)

Ivana Bacik: ...raised the issue of building standards and we could usefully have a debate on that, and I will inquire when the Coroners Bill 2007 will come before the House? Senator Gilroy called for a debate on NAMA and welcomed the €2 billion investment that NAMA has announced. It would be useful to have a debate on NAMA and review it, particularly as it moves into this new phase of operation, the...

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

Ivana Bacik: .... There is also an important aspect to the Labour Party's amendment No. 1 in that, in addition, it provides for review of the Act. I will deal with that amendment first, as I note that review of NAMA is provided for in Part 14 of the Bill, but it is a very minimal review at present. Section 223 states: (1) As soon as may be after 31 December 2012, and every 3 years after that while NAMA...

Seanad: National Asset Management Agency Bill 2009: Motions (12 Nov 2009)

Ivana Bacik: ...expressing regret that the Minister did not accept more amendments from the Labour Party, Fine Gael and the Opposition in general. The Labour Party had and continues to have serious concerns about NAMA as an institution. I do not wish to rehash them but the main concern pertains to the level of risk taken on by the taxpayer. However, the Labour Party also expressed concerns during the...

Seanad: Order of Business (19 May 2009)

Ivana Bacik: I support calls for a debate on NAMA. Having campaigned around Dublin Central, it is certainly clear to me that the real concern of people in that constituency and others relates to the problems with the economy and jobs. They are very fearful about job losses and about their future and that of their children. This derives mainly from the considerable uncertainty associated with NAMA. Dr....

Seanad: Order of Business (8 Oct 2015)

Ivana Bacik: I have an answer for Senator Healy Eames. I apologise. I had written NAMA as shorthand. Senator Healy Eames raised the other issue, in fact, of NAMA and the Northern Ireland sales. As the Senator will be aware, officials from NAMA appeared before the Committee of Public Accounts to answer further questions of Members of the Oireachtas. The committee has been very much on top of this...

Seanad: National Asset Management Agency Business Plan: Statements (29 Oct 2009)

Ivana Bacik: ..., as the Minister said, the data on which the plan is based are provisional in nature. The estimates are based on data provided by the five credit institutions which are most likely to engage with NAMA, namely, AIB, Anglo Irish Bank, Bank of Ireland, EBS and Irish Nationwide. Clearly, NAMA has not yet had the opportunity to assess in forensic detail the loan books involved. Therefore,...

Seanad: Order of Business (18 Dec 2013)

Ivana Bacik: Such investigations are solely matters for the Garda Síochána. Any person who has information that might be useful should make it available to the Garda. People have been critical of the NAMA legislation. I think that is fair. There are specific offences under the NAMA Act in relation to the inappropriate disclosure of confidential information.

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

Ivana Bacik: I second the amendment. It is in keeping with the general theme we have pressed on Second and Committee Stages, that the operation of NAMA should be carried out in as transparent a manner as possible in the public interest and that there should be sufficient scrutiny and accountability to ensure there is public trust and confidence in it. We tabled amendments on Committee Stage that were...

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

Ivana Bacik: I am very grateful to Senator Alex White for sharing his time with me. I welcome the opportunity to debate the NAMA legislation in the House, as many of us had sought that opportunity. As I said on the Order of Business, it is unfortunate the business has been ordered by the leader of Fianna Fáil in the House in the way it has been. I cannot understand why we cannot have more time to...

Seanad: Order of Business (11 Jun 2015)

Ivana Bacik: There is always a first time. Senator Daly spoke about NAMA and the IBRC. I do not believe there was any specific question for me. I would be tempted to say that if it was not for Fianna Fáil economic policies during 14 years in government, of course, NAMA and the IBRC would not have been necessary, but we are where we are.

Seanad: Order of Business (7 Oct 2009)

Ivana Bacik: ...politics with a vengeance. People outside are not only discussing the resignation of the Ceann Comhairle last night - which I believe was a correct decision - but there is an ongoing debate about NAMA. I ask the Leader to give time in this House for us to debate NAMA properly and in an informed manner, with answers to the questions that need to be asked. I refer, in particular, to the...

Seanad: Order of Business (23 May 2012)

Ivana Bacik: ...Deputy Alan Shatter, will be in the House to deal with two other issues today, but we will not have time for a debate on policing also. Senator Paul Coghlan welcomed the €2 billion investment by NAMA, as announced today. We all very much welcome it, particularly the fact that NAMA anticipates the investment will lead to the creation of 25,000 direct jobs and 10,000 additional jobs. The...

Seanad: Order of Business (18 Dec 2013)

Ivana Bacik: Dealing specifically with the state of the investigations, I understand an investigation by An Garda Síochána into a complaint made by NAMA against a former employee some time ago is at an advanced stage. I know colleagues will be relieved and glad to hear the investigation by An Garda Síochána into that former employee is at an advanced stage so it would be inappropriate...

An tOrd Gnó - Order of Business (18 Oct 2022)

Ivana Bacik: I wish to raise the plight of householders in the Carrickmines multi-unit development in south County Dublin. As we know, after the financial crash the National Asset Management Agency, NAMA, took over the estate and became the developer through its appointed receiver. A range of defects became apparent in the development and while some remedial works were carried out, in 2017 the owners'...

Seanad: Order of Business (18 Dec 2013)

Ivana Bacik: ...for the Minister to debate the matter with us. Senator Mullins, who was one of the many Senators to speak on this issue, sensibly suggested it would be more appropriate for the board of NAMA to be brought before the Committee of Public Accounts or the Joint Committee on Finance, Public Expenditure and Reform to be interrogated and to answer questions. That appears more appropriate to me....

Seanad: Order of Business (17 Apr 2014)

Ivana Bacik: ...Northern Ireland with the Tánaiste. We will look to arrange such a debate. It would be good timing to have it in advance of the marching season. The Senator also raised the question of the transfer by NAMA of non-performing assets and referred to the need for NAMA not to hold onto assets forever as this could delay recovery. This is acknowledged, but there is a difficulty with...

Seanad: Order of Business (12 Nov 2009)

Ivana Bacik: ...Sinnott. It is nice to have good news coming so soon after the release of Sharon Commins. Like Senator Fitzgerald, I express the concern on the Labour Party Bench about the enormous risk that NAMA poses. We had fundamental disagreements with the NAMA legislation, which is why we voted against it. At the same time, as Senator O'Toole said, we all hope for everyone's sake that it will...

Seanad: Statements on Finance (6 Oct 2011)

Ivana Bacik: ...response to the questions and statements of spokespersons. They covered a wide range of topics. I also thank the Minister for clarifying that information on the National Asset Management Agency, NAMA, will be made available to Members. I do not know whether all colleagues were aware that there would be a hotline, as it were, to NAMA. The report of the new fiscal council is due in...

Seanad: Order of Business (23 Sep 2009)

Ivana Bacik: ...left. I have the privilege of having been elected by the graduates of Dublin University to represent them in the Seanad and I will continue to work hard to do so. I ask the Leader for a debate on NAMA. While I know we will debate the economy this evening, there is an enormous and growing public anger about the extent of the bailout to bankers that NAMA represents. Anyone who saw Fintan...

Seanad: Order of Business (9 Nov 2011)

Ivana Bacik: It has a history of rushing in legislation. The previous Government rushed through the bank guarantee and NAMA legislation.