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Results 21-40 of 207 for nama speaker:Catherine Murphy

Written Answers — Department of Finance: National Asset Management Agency (13 Dec 2022)

Catherine Murphy: ...his Department and-or the former Minister for Finance was first notified by a company (details supplied) of the most likely pricing range that could be achieved in the auction of IBRC's holding of NAMA junior bonds. [61972/22]

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Catherine Murphy: From recollection, and I could be wrong on this, I understood that once it was wound down, the original intention was that it would go to NAMA. I might be wrong on that but that was my memory of it at the time. With regard to NAMA, I am certainly aware of people who are back in charge of the assets despite the fact they went bankrupt. It infuriates people. I am aware there was a...

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Catherine Murphy: Would the Department pursue that particular issue with NAMA?

Public Accounts Committee: Business of Committee (15 Sep 2022)

Catherine Murphy: Okay. We can pursue that beyond there. On No. 23, NAMA, and the settlement with the Revenue, withholding tax is always an item that jumps out at me because of the particular entities involved. Again, that should be something we pursue with them. This arose also between 2013 and 2016. When they are in before the committee we should make a note to have a discussion with them about that....

Public Accounts Committee: Business of Committee (15 Sep 2022)

Catherine Murphy: As I said, I expect we will have NAMA in. Perhaps we can make a note of this so we can deal with it. As for No. 49, when Mr. McCarthy said it was overdue, does the Comptroller and Auditor General monitor when the accounts are published, and would there be many that are overdue from the Departments? I am talking about the accounts he would have expected to be published at this stage.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education
2018 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 7 - Purchase of Sites for School Provision
2019 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 8 - Management of the Schools Estate
(7 Jul 2022)

Catherine Murphy: I will ask about a local issue. It was on the list to acquire a site. There are three schools on one campus inDonaghcumper in Celbridge. This was all under the National Asset Management Agency, NAMA. There was some progress on acquiring the site quite recently. I talked to the Department about the demographics in north Kildare. There will be a pinch point next year with regard to the...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education
2018 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 7 - Purchase of Sites for School Provision
2019 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 8 - Management of the Schools Estate
(7 Jul 2022)

Catherine Murphy: One aspect of NAMA's remit was that in the case of assets that were owned, which may well have been distressed assets but they were owned or the debt at least was owned, there could be an opportunity for community value or State value.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education
2018 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 7 - Purchase of Sites for School Provision
2019 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 8 - Management of the Schools Estate
(7 Jul 2022)

Catherine Murphy: That was in NAMA right from the word go. Why did it take so long to get a site that could have been used for that? It is in a good location. There is no doubt about the need. Is there a reason why it would have taken so long to get to the point where that could be used for educational purposes?

Public Accounts Committee: Business of Committee (16 Jun 2022)

Catherine Murphy: In relation to NAMA, was that the agency directly as opposed to something that was sold?

Public Accounts Committee: Business of Committee (16 Jun 2022)

Catherine Murphy: By NAMA?

Written Answers — Department of An Taoiseach: Commissions of Investigation (17 May 2022)

Catherine Murphy: 162. To ask the Taoiseach the status of the NAMA Commission of Investigation; and the plans that are in place to produce a final report. [24826/22]

Written Answers — Department of Finance: National Asset Management Agency (20 Jan 2022)

Catherine Murphy: 170. To ask the Minister for Finance if he will provide a schedule of the properties held by NAMA and leased to the OPW which were subsequently disposed of either through selling of loan books or through placing owners in receivership since NAMA was established. [2705/22]

Written Answers — Department of Finance: National Asset Management Agency (20 Jan 2022)

Catherine Murphy: 171. To ask the Minister for Finance if he will provide a schedule of meetings between NAMA and the OPW in respect of taking on leases and or ownership of properties that were within the control of NAMA since NAMA was established. [2706/22]

Public Accounts Committee: Business of Committee (11 Nov 2021)

Catherine Murphy: Every one of us wants the State to end up with the maximum return. The criticism of some of the early sales in regard to NAMA was that many of us felt it was a fire sale in that properties were sold when the market as at rock bottom as opposed to when we had a rising market. In being critical of that, we equally need to argue that we need to get the maximum here. It is a balancing act in...

Written Answers — Department of Education and Skills: Site Acquisitions (9 Nov 2021)

Catherine Murphy: 399. To ask the Minister for Education and Skills if she has engaged with NAMA or a receiver in respect of a site in Donaghcumper, Celbridge, County Kildare that is suitable for a school building project; and if she has an alternative plan in place if the site cannot be secured. [54029/21]

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Catherine Murphy: ...to Mr. McDonagh. I will try to keep them short and would appreciate succinct replies. I want to make a quick comment before I do that. I have an issue with the word "profit". I accept that NAMA paid €31.8 billion for what it is dealing with but the par value for these liabilities was €74.4 billion. I think "surplus" is the correct word rather than "profit". On the costs...

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Catherine Murphy: If NAMA would provide that and the total amount paid out, by supplier, that would be useful. The Comptroller and Auditor General stated that the National Asset Management Agency Act does not define how the disposal value is measured. Why did NAMA not use the industry standard? Why did it deviate from that? Who decided to do that?

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Catherine Murphy: If the internal rate of return is the standard metric for property-related investments, why did NAMA deem it appropriate to use an alternative measurement?

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Catherine Murphy: .... If we look back, there are some that we could point to where that would certainly be the case. Mr. McDonagh says in his statement that the growth in property values has allowed a number of NAMA debtors to refinance their debt. I accept that there was an environment wherein paying down the national debt was considered important. When we look at the housing crisis now, in terms of...

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

Catherine Murphy: Why is Mr. McDonagh counting in the way he has outlined? It looks like he is bigging up what NAMA has delivered directly.

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