Results 21-40 of 194 for nama speaker:Marc MacSharry

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Marc MacSharry: If we do not hear from NAMA in a month, we might ask it what is going on.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Marc MacSharry: How about we give NAMA a month?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Marc MacSharry: That is great and that is all we need to know. In January, NAMA tendered for and hired a media relations and reputation firm. How much was the tender for?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Marc MacSharry: What kind of PR or media relations would they need to involve themselves in? What was NAMA looking for?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018)

Marc MacSharry: Is it to apply a positive complexion to the work of NAMA?

Residential Tenancies (Greater Security of Tenure and Rent Certainty) Bill 2018: Second Stage [Private Members] (30 May 2018)

Marc MacSharry: ...could travel around and check that standards are being upheld. On the private sector side, one of the fall-outs of the crash is that an awful lot of builders with expertise are now subservient, initially to NAMA and banks, and now to vulture funds. They cannot get money for development finance. While the banks will not say it on the record, they say off the record that they do not...

Housing: Motion [Private Members] (24 Oct 2017)

Marc MacSharry: ...and six years, as the evidence will show. The public sector cannot do it on its own. We need not just the big-name guys who managed to refinance throughout the world and who were the big names in NAMA in the past. We need the small guy who used to build five houses in Collooney, ten houses in Ballyshannon, 30 houses in Sligo town and so on throughout every county in the country. They...

Public Accounts Committee: Business of Committee (21 Sep 2017)

Marc MacSharry: ...my mind, not sufficient. Fees to the end of December 2016 were in the region of €225 million. While if the fees are broken down to hourly rates, they are based on reduced rates negotiated by NAMA for general professional fees - though NAMA has no function or role in this at all - the number of hours and the grades associated with the work being carried out are unknown. Based on...

Public Accounts Committee: Business of Committee (21 Sep 2017)

Marc MacSharry: ...be confident that this is being run correctly and with the level of oversight that is required. I know the practice is not to bring the Minister in except in extraordinary circumstances. I know we had him in on NAMA. I feel this is one of those occasions on which the Minister ought to be invited, along with the Secretary General and the liquidators themselves. We should certainly hear...

Written Answers — Department of Finance: IBRC Expenditure (11 Sep 2017)

Marc MacSharry: ...charged by the special liquidators of the Irish Bank Resolution Corporation since the date of their appointment; if an increase in the rates of fees has been approved directly or by reference to NAMA fee rates; and if he will make a statement on the matter. [37608/17]

Public Accounts Committee: Business of Committee (30 Mar 2017)

Marc MacSharry: On the NAMA interventions with the chairman, was it the case that they told him he should know they have the goods on him? Or was it a case of them telling the chairman they wanted to protect him because this was the type of stuff that they would be dealing with?

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion (29 Mar 2017)

Marc MacSharry: ...inquiry of their own Ministers, former Ministers, a Taoiseach and a former Taoiseach. I am sad to say that did not happen when we look at the outcome of this particular report. In the context of NAMA, I want to make a point that, as far as I am concerned, the opening lines of Frank Daly at the initial testimony were that he had listened to the wishes of both Governments. Based on the...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: Were the only loan valuations carried out in that period those that were carried out by internal people in NAMA?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: So 46% of it was not valued and NAMA relied on the stock valuations from 2009, and 54% was valued more recently.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: I know. That is the process. Why did NAMA seek loan valuations-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: Why did NAMA value it and not value the Project Eagle loans?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: Yes, but it is true to say 46% of the security assets did not have recent valuations and the loan valuations were NAMA's internal ones.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: When Brown Rudnick and Tughans moved to Cerberus, did NAMA seek to see letters of release from PIMCO?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: Therefore, the same firm of good international standing was partial to a fee split with PIMCO and a week later it was working for a different company. Was there not concern in NAMA that there might be money changing hands?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (24 Nov 2016)

Marc MacSharry: Cerberus told the committee that Brown Rudnick had told it in April 2015 about the Northern Ireland Law Society investigation into Tughans. I know that NAMA told the committee in July 2015 that the first time it was aware of this was when Deputy Mick Wallace had mentioned it in the Dáil in July 2015. If Brown Rudnick had told Cerberus in April 2015, was NAMA not available in April 2015?