Results 61-74 of 74 for nama speaker:Mattie McGrath

Construction Contracts Bill 2010 [Seanad]: Second Stage (3 May 2012)

Mattie McGrath: ...and Circuit Court. That is another racket. The biggest racket I wish to expose is that of receivership. It is the newest industry in town. I appeal to the Minister in that regard. I could add NAMA to it. Between receivers and NAMA, they are the biggest show in town. It is the biggest con-job in town. The rates receivers charge are astronomical – hundreds of euro per hour. If a...

Industrial Relations (Amendment) (No. 3) Bill 2011: Second Stage (17 Jan 2012)

Mattie McGrath: ...in this system and it is not all about employers. The Vita Cortex dispute was mentioned in Cork. I can say that the Ronan family were damn good employers in south Tipperary for decades. When NAMA was set up, I said it was like a wild animal in the woods and no one knew where it would end up. By hell, do we know now where it is ending up? We might have banned stag hunting, but we will...

Private Members' Business. Local Authority Public Administration Bill 2011: Second Stage (13 Jan 2012)

Mattie McGrath: He has enough problems there. A Tipperary man ran that company well. There were no complaints when he was running it well. His money is tied up in NAMA so he cannot do anything about it. To get back to what I was saying, untruths were peddled and voted for. I am delighted Deputy Catherine Murphy tapped me on the shoulder and said we would go to the Ceann Comhairle with this because the...

Central Bank and Credit Institutions (Resolution) (No. 2) Bill 2011: Second Stage (28 Jun 2011)

Mattie McGrath: ...is a total distortion of the facts. This could not be further from the truth. Banks are not lending money. I heard a woman talking the other day about being unable to purchase a house because of NAMA. Many people are selling houses. I spoke to an auctioneer recently who said that even though many potential house purchasers have secure jobs, they cannot secure loans. Until that...

Ministers and Secretaries (Amendment) Bill 2011: Instruction to Committee (23 Jun 2011)

Mattie McGrath: ...what was happening in Anglo Irish Bank. I am wondering what happened there and whether Dr. Somers was consulted at all about that important item. In Cork recently, Mr. Frank Daly, the chairman of NAMA, made an interesting statement at a meeting of the British-Irish Parliamentary Body. I have come across major issues concerning NAMA in my constituency, but we were told that we had no role...

Finance (No. 2) Bill 2011: Second Stage (Resumed) (26 May 2011)

Mattie McGrath: ...still a long way to go before the industry is back on its feet. Everybody knows that. Another unfair aspect, about which one hears anecdotal stories on a daily basis, concerns hotels that are in NAMA. They are competing with ordinary, Irish, home-grown and, in many cases, family-run businesses which cannot compete. Yesterday under Standing Orders I tried to raise the appalling way NAMA...

Requests to move Adjournment of Dáil under Standing Order 32. (25 May 2011)

Mattie McGrath: I seek the Adjournment of the Dáil under Standing Order 32 to raise a matter of national importance, namely, the negative impact of NAMA on the daily working of viable businesses seeking to trade out of their financial difficulties. Most officials in NAMA have no understanding of business and it is unfair to those business people trying to survive in this difficult climate.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Mattie McGrath: ...included self-employed people, teachers, doctors and others who are valued in the community. They are not connected in any way to the property moguls or the high-level speculators involved with NAMA or who engaged in reckless borrowing and lending, from Anglo Irish Bank and other banks. These small-time investors entered into a contract and were advised by legal and financial experts to...

Strategic Investment Bank: Motion. (27 Apr 2010)

Mattie McGrath: ...away from the costs involved in resolving the banking crisis. We have acknowledged the scale of our problems and taken the necessary actions to solve them. The National Asset Management Agency, NAMA, is up and running. It has determined the price for the first tranche of loans, after rigorous loan-by-loan analysis. An aggressive approach to the banks loans was taken with the discount...

Energy (Biofuel Obligation and Miscellaneous Provisions) Bill 2010 [Seanad]: Second Stage (22 Apr 2010)

Mattie McGrath: ...own ideals. There are many empty buildings, factories, etc. - some of which are owned by IDA Ireland - in rural areas. If we used nearby lands, including some of that which has been transferred to NAMA, to grow the necessary crops, when harvested, these could be refined and used to produce fuel in the buildings and factories to which I refer, which could be converted for that purpose....

Land and Conveyancing Law Reform (Review of Rent in Certain Cases) (Amendment) Bill 2010: Second Stage (Resumed) (10 Mar 2010)

Mattie McGrath: .... We had the tenants' bank and the landlords' bank for big institutions. This is where the problem lies. All of these people are playing a merry game at this time, namely, waiting to get into NAMA and artificially putting up their prices while trying to keep a level to the value of their property, despite some areas having become ghost towns and ghost villages. They are playing a game...

Government Charges on Businesses: Motion (21 Oct 2009)

Mattie McGrath: ...such as switching off equipment, lights and so on. There is a range of other costs, such as labour costs. I too condemn the board of AIB for granting pay rises to some of its staff. The debate on NAMA that will take place tomorrow and next week is timely. AIB is giving two fingers to those of us who are trying to drive down costs. I am not criticising the bank officials at the desks,...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (7 Oct 2009)

Mattie McGrath: ...it is the best option. I will correct Deputy Hayes in case he got carried away and thought I said I might vote against the Bill. I expressed the concerns I have, like many other citizens, about NAMA. I have received reassurances and I assure the Deputy there is no danger of my making a mistake in the lobbies when we come to vote on this.

National Asset Management Agency Bill 2009: Second Stage (Resumed) (7 Oct 2009)

Mattie McGrath: I was concerned about the major risk that we as a Government are taking on, and shared the concerns of every citizen in Ireland. Many of us did not and still do not understand how NAMA will work and are worried about whether it will work out. I was obliged to raise these concerns on behalf of my constituents recently. I am pleased the Minister took steps to make his proposed legislation...