Results 101-120 of 194 for nama speaker:Marc MacSharry

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Would Mr. McDonagh say the approach NAMA takes for the disposal of relatively low-priced assets, as I have said, was less thorough than that undertaken for the £1.6 billion transaction?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Does Mr. McDonagh believe they were equal? Why would NAMA look for three proposals and look for none in the context of something that was so big?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Then Mr. McDonagh should point to the two other companies, other than Lazard. Before NAMA designed the sales process, other than the diplomatic wishes which we took cognisance of, who did NAMA consult externally on the best way to do this process, other than the two Governments?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: I must interrupt Mr. McDonagh there. Let us go back to the example of the ten houses in Westmeath. How many times did someone walk in the door in a reverse capacity for a small purchase and NAMA agreed to go for it, narrow the process, have it over a month, have a data room for some weeks for one, then open it up to everyone else and then let it go? In fact, can Mr. McDonagh tell me of any...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: I am sure NAMA has received countless telephone call over the years from individuals throughout the country asking whether NAMA is selling a house at number 10 on the high street in the town. Did NAMA ever say to such a person that the offer was fair enough?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Has NAMA ever sold one of those?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Has NAMA ever done so on the basis of a reverse inquiry?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: When NAMA would do that, would the practice of NAMA be to get an independent valuation before letting it off?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Why did NAMA not do that in this instance?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Was that because NAMA would have had a stock valuation on that property from the previous year end?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: NAMA would have had a stock valuation, as with the assets in terms of Project Eagle. Mr. McDonagh said it had valuations at the end of 2013. If an individual comes in and NAMA is happy with the price quoted, NAMA would get an independent evaluation at that stage to verify that it was getting value for money. That is what Mr. McDonagh is saying.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Why would NAMA not have done the same for the biggest transaction in the State?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Can the witnesses confirm that NAMA was aware that Mr. Cushnahan and Mr. Rowntree were directors of the Northern Ireland Housing Agency for a period?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Would NAMA have been equally aware that they resigned following a report into certain activities of that organisation?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Marc MacSharry: Can Mr. Daly confirm that following this report, which may have led to the resignation of one or both of these individuals, NAMA renewed the contract of Mr. Cushnahan?

Written Answers — Department of Finance: NAMA Operations (27 Sep 2016)

Marc MacSharry: 178. To ask the Minister for Finance if NAMA consulted or liaised with his Department or him on reports (details supplied); the nature of any contact on to these draft reports; if he will publish details of any and all interactions relating to these reports; and if he will make a statement on the matter. [26812/16]

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

Marc MacSharry: ...the motion and hope some of the points made in it can be taken on board. Obviously, I will be supporting the amendment, to which I will come back. Clearly, it is in all our interests that NAMA is successful and ultimately make a profit for the people of the State. When I was Fianna Fáil’s finance spokesperson in the Seanad at the time of its establishment, we spent some...

Written Answers — Department of Finance: NAMA Operations (31 May 2016)

Marc MacSharry: ...Finance further to Parliamentary Questions Nos. 60 to 74 of 18 May 2016 and the consequences of leaks from the National Asset Management Agency, in particular, Question No. 60, which stated that NAMA became aware in September 2012 and Question No. 61, which gave Autumn 2012 as the notification date while the Sunday Times article (details supplied), which appears to have triggered the...

Seanad: Planning and Development (Amendment) Bill 2015: Second Stage (2 Dec 2015)

Marc MacSharry: ...to take risks, get capital and build houses. It is not happening because they cannot get money. Most builders who were involved for a number of years were either so big that they are dealing with NAMA or have refinanced themselves abroad and are going again. However, the average developer who built 30 houses per year is either a bankruptcy tourist or is negotiating with the banks here...

Seanad: Commencement Matters: Ireland Strategic Investment Fund Investments (4 Nov 2015)

Marc MacSharry: ...motion is in connection with the Ireland Strategic Investment Fund, ISIF. As the Minister undoubtedly knows, part of the Government's two-pronged approach in the budget to the housing crisis was NAMA's programme to build a certain number of houses between now and 2020. Being from outside Dublin, I am concerned that some 90% of those houses will be in Dublin. It is not that Dublin does...