Results 81-100 of 454 for nama speaker:Pearse Doherty

Private Members' Business - Anti-Evictions Bill 2016: Second Stage [Private Members] (17 Jan 2017)

Pearse Doherty: ...they take control of buy-to-lets, their first action is often to send a letter asking tenants to get out. Sometimes, very little happens afterwards. Two of the State-owned banks had 1,000 vacant homes between them before Christmas. All of the attention was on Apollo House as a vacant NAMA building, and rightly so, but it is disgusting to think that two State-owned banks had 1,000...

Written Answers — Department of Finance: NAMA Portfolio (17 Jan 2017)

Pearse Doherty: 44. To ask the Minister for Finance if he will propose an amendment to the NAMA legislation to allow NAMA to play a greater role in the provision of social housing and housing in general; and if he will direct NAMA to carry out an audit of all its properties to ascertain which assets might be suitable for housing. [1735/17]

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Pearse Doherty: .... I have made the point time and time again that, in my view, this is a very deliberate and conscious effort by the Government to increase the value of commercial real estate. When we look at NAMA and the banks, the damage that was done in the property crash was all in commercial real estate. That is what went into NAMA. That is where the real holes were in the banks. When one...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Pearse Doherty: ...broadcaster in expressing that view. This was a conscious decision to allow our country to be sold, particularly in the case of commercial real estate, and to be sold tax free. It is to do with NAMA, with the banks and with pushing up commercial property prices. Now, however, everybody including those responsible for the Government's own tax strategy papers is talking about overheating....

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Pearse Doherty: ...stage it will put the banks in a more healthy position. At this point in time it does not make a difference. The question a report should answer is if the measure Brian Lenihan introduced in the NAMA Act 2009 were to be introduced what would be the consequences. Perhaps 50% is not the appropriate measure. Perhaps it is 25% or 75%. A report should weigh up all the impacts in terms of...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Pearse Doherty: .... In fairness to the late Minister, that showed vision and foresight at a time when we were talking about massive losses, but he was able to see down the road that it would not always be that way. NAMA was going to buy the stressed debt from the banks. There was going to be a time when he envisaged - we all envisaged - the banks being profitable again. He therefore wanted to ensure...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (15 Nov 2016)

Pearse Doherty: ...the reason the Minister of State is introducing the 5% is because if the funds did decide to leave, commercial property would be on the floor. Who would this affect? It would affect banks and NAMA. I am very clear on this. The fund industry overseen by the Government has allowed Ireland to be sold tax free. A total of 67% of commercial property has been bought by external investors,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Pearse Doherty: .... What the late Brian Lenihan had the foresight to do in the National Asset Management Agency Act 2009 was to provide that it would not be appropriate for financial institutions participating in NAMA to be treated like any other business. As a result of section 396C of the Taxes Consolidation Act, he made it clear that a portion of the participating institutions' income should be taxed...

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

Pearse Doherty: .... Whether there is an argument of legitimacy here or not, developers are waiting for house prices to rise further in order that their profit margins increase. We have heard this from the likes of NAMA, for example, which told us that it is only now appropriate for it to start building because house prices have risen to a certain level. Developers are waiting for house prices to rise in...

Ceisteanna - Questions - Priority Questions: NAMA Assets Sale (29 Sep 2016)

Pearse Doherty: ...supported the report produced by the Comptroller and Auditor General on the sale of Project Eagle. He has refused so far to stand up and say he accepts it unconditionally. He says it would bring NAMA debt onto the books. That is complete nonsense. We are looking for him to use his powers of direction under the National Asset Management Agency Act to suspend the sale of Project Gem. He...

Ceisteanna - Questions - Priority Questions: NAMA Assets Sale (29 Sep 2016)

Pearse Doherty: ...and their severity, the fact that the Comptroller and Auditor General believes there was a potential loss of €220 million, the fact that issues concerning a conflict of interest were reported to NAMA and not followed up and the fact that many other issues are raised in the report, there is an obligation on the Minister to act. He is the only person with the authority to say to NAMA...

Ceisteanna - Questions - Priority Questions: NAMA Assets Sale (29 Sep 2016)

Pearse Doherty: 2. To ask the Minister for Finance if he will direct NAMA to suspend all sales processes under way in respect of an organisation (details supplied) in view of the Comptroller and Auditor General's report on the sale of the organisation and the forthcoming commission of investigation. [27797/16]

Ceisteanna - Questions - Priority Questions: NAMA Assets Sale (29 Sep 2016)

Pearse Doherty: ...without condition? The question I tabled relates to that. It asks the Minister to use his authority under the National Asset Management Agency Act to direct the National Asset Management Agency, NAMA, to cease or suspend all sales processes under way in respect of Project Gem, a €3 billion asset portfolio it expects to sell before the end of the year, in light of what the...

Questions on Proposed Legislation (28 Sep 2016)

Pearse Doherty: Can the Taoiseach inform the House as to when he expects we will debate the terms of reference of the statutory commission of investigation into NAMA surrounding the Project Eagle sale and other activities? The country is currently dealing with the increasing costs of car insurance, with a 40% increase this year on top of a 30% increase last year. Everybody agrees there needs to be more...

IBRC Commission of Investigation: Motion (20 Jul 2016)

Pearse Doherty: ...we and others have raised about this case. If all of that sounds familiar it is because it is a process being repeated before our eyes with the refusal to inquire into the National Asset Management Agency, NAMA, through a commission of investigation. Like the IBRC, NAMA's sale of its Northern loan book requires a commission of investigation. Last October Fianna Fáil was all in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2016
Vote 7 - Office of the Minister of Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (30 Jun 2016)

Pearse Doherty: There are a number of questions, unfortunately, that I would like to have asked regarding NAMA and other areas that we did not get an opportunity to consider, given the Minister's willingness to come in.

National Asset Management Agency: Motion [Private Members] (29 Jun 2016)

Pearse Doherty: Let us remind ourselves that this controversy directly affects every citizen and taxpayer in the State. Everybody has a stake in NAMA, for better or worse, yet the Government in this state cannot even be bothered to properly investigate allegations of the most serious nature concerning the sale of one of NAMA's major loan books. When the Assembly finance committee examined this issue it...

Other Questions: Statute of Limitations (23 Jun 2016)

Pearse Doherty: ----and NAMA and would like to tease this out with the Minister, because-----

Other Questions: Statute of Limitations (23 Jun 2016)

Pearse Doherty: I will state to the Minister that he has a direction order over NAMA-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2016
Vote 13 - Office of Public Works (Revised) (22 Jun 2016)

Pearse Doherty: ...the Garda Síochána regional headquarters at Harcourt Square, the nerve centre of the Garda Síochána, given that the annual rent is €5 million. It went on the market under the control of NAMA and was sold at a low cost. There is an attempt to evict the Garda at the end of their lease. In 2013, we called on the OPW to purchase that office block but the then...