Results 101-120 of 236 for nama speaker:John McGuinness

Public Accounts Committee: Business of Committee (18 Jun 2015)

John McGuinness: ...5 June 2015, from Mr. Patrick Coughlan, Mullingar, County Westmeath. We dealt with this matter earlier which relates to the investors in Castlemartyr resort. I ask that the letter be forwarded to NAMA for its comments, in particular in view of the three main contentions of Mr. Coughlan and that group, to ask NAMA about its general approach to issues such as this. This correspondence to...

Public Accounts Committee: Business of Committee (11 Jun 2015)

John McGuinness: In regard to NAMA, the committee has received a number of pieces of correspondence on NAMA, one of which was received only this week and is due for circulation tomorrow and relates to complaints from an individual regarding a lack of engagement, feelings of being bullied and difficulties around organising meetings to try to resolve issues. We discussed similar complaints from another...

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

John McGuinness: ...We all know this. We can go to the special investigations unit in the Department of Agriculture, Food and the Marine, take account of IBRC and how it has dealt with its clients and we can take a look at NAMA. I read the correspondence that comes before me and the one word that has been written in most of those letters of complaint is the word "bullying". The bullying and the harassment...

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John McGuinness: There was not much else and IBRC was taking its own course of action. It seems that the Department had to fight with it all the way. It was comparing IBRC to NAMA and suggesting what should happen about salaries, but that did not happen. The Department then went on to raise issues about various sales. Its position was that a number of governance concerns had arisen from a particular...

Public Accounts Committee: Business of Committee (23 Apr 2015)

John McGuinness: Thank you, Deputy Perry. We will move on. Before we call the witnesses, I would like to mention that we wrote to NAMA in relation to a particular individual case. We sent on the correspondence to it. I propose we should ask NAMA to give us an update on the same matter, which relates to an individual in Mullingar, because it has not been resolved. Apparently, there has been no contact....

Public Accounts Committee: Business of Committee (26 Mar 2015)

John McGuinness: ...hearing. We should also write to the Minister again in regard to the report on Cork VEC to ask when it will be laid before the House. No. 3A.5 relates to correspondence dated 11 March 2015 from NAMA outlining the mediation process. This will be noted and published. No. 3A.6 is correspondence dated 4 March 2015 from Mr. Aidan O'Driscoll, Secretary General of the Department of...

Public Accounts Committee: Business of Committee (26 Mar 2015)

John McGuinness: ...the issue of costs and the committee wants to have an understanding of how the office takes cases and the costs that arise. No. 3B.6 is correspondence, dated Monday, 9 March 2015, received from NAMA. It is a reply on the issue of access to contracts. The correspondence is to be noted and published. No. 3B.7 is correspondence, dated Friday, 6 March 2015, received from Mr. Tom...

Public Accounts Committee: Business of Committee (5 Mar 2015)

John McGuinness: ...to have the hearing. We will be further delayed by this Department and we should not stand for these delays any longer. No. 3B.5 is correspondence, dated 23 February 2015, received from Mr. Aidan Horan regarding access to NAMA contracts. This is to be noted and forwarded to NAMA for a note on the matters raised. Is this the big briefing document we received from an individual?

Public Accounts Committee: Business of Committee (5 Mar 2015)

John McGuinness: He is making the point about the distortion in the market because of the activities of NAMA. We will ask NAMA for a response. We will deal next with documents relating to today’s committee meeting. Nos. 3C.1 and 3C.7 are the briefing documents and opening statements for today’s meeting, to be noted and published. Of the reports, statements and accounts received since our...

Public Accounts Committee: Business of Committee (26 Feb 2015)

John McGuinness: That is agreed. No. 3A.4 is correspondence from NAMA in regard to the De Vere Hunt case. I want to put on record that I am not one bit phased by this correspondence. While it may be factual in terms of how it quotes what the members have said and the action that was taken, the fact of the matter is that this letter was sent to us on the day they had a meeting with this lady. It is clear...

Public Accounts Committee: Business of Committee (5 Feb 2015)

John McGuinness: ...relates to the briefing that committee members and other Oireachtas Members received regarding Ms Annette De Vere Hunt. While her name is not mentioned, the issues relate to the processes within NAMA dealing with matters of that kind. I want to put on the record my disappointment with NAMA because of the manner in which it is treating this individual. Despite the fact that a group of...

Public Accounts Committee: Business of Committee (5 Feb 2015)

John McGuinness: We will request it from NAMA.

Public Accounts Committee: Vote 25 - Department of the Environment, Community and Local Government
Chapter 6 - Land Aggregation Scheme
Chapter 7 - Matters Arising from Audit of Vote 25 - Environment, Community and Local Government in Relation to Water Services (5 Feb 2015)

John McGuinness: ...on it recently. I will get the reference for Mr. McCarthy. The other issue in which I am interested is the transfer of funding for voluntary housing associations or bodies. What happens when NAMA decides it has an interest in terms of filling the gap? In Kilkenny we have 3,500 people on the housing list and 41 units are to be become available, and NAMA has those units. Does NAMA...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: I will not delay Mr. McDonagh any further as we have been here since 10.30 a.m. NAMA, the National Asset Management Agency, seeks charges on properties and unencumbered assets of borrowers. When it comes to credit rankings, does the agency ever seek to be the first port of call rather than Revenue or any other agency?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: Did NAMA ever seek to change that?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: I just wanted to see if Mr. Frank Daly changed his spots in any way. Old loyalties did hard. In an article on the Dellway v. NAMA court case, a barrister made the point that the client of NAMA is entitled to all of the information relevant to all files including valuations and so forth. Does the agency share all that information with all its clients?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: That is the reasons for NAMA’s decision?

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: I would love to believe the mediation process is as was described by NAMA earlier. It might be in many cases. However, in some of the cases we have heard, there are serious doubts about it being a fair and balanced process. It does cost the citizen an enormous amount of money to pursue any action. There are not many who could have gone to battle with the agency and pay €2 million...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: We have raised several queries which I believe we will want to review in the new year. Deputy Áine Collins has proposed we hear from those that have been through the NAMA process. In reviewing the year, I thank the witnesses for attending today and also all the other witnesses who have attended - Accounting Officers, officials, and so on. It can be a very robust process. Members try...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John McGuinness: The last time you were here we talked about information that may or may not have gotten into the market from employees of NAMA. It was said at the time that the allegations at that time were unfounded and with regard to the so-called full file, NAMA has very little information in regard to individuals. Thereafter, was some court action taken against someone or legal action taken against an...