Results 41-60 of 207 for nama speaker:Catherine Murphy

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

Catherine Murphy: Finally, I wish to ask Mr. McDonagh about the wind-down of NAMA, which must provide a report to the Minister by the end of the year. I presume Mr. McDonagh will have that available. Does that include how leases will be dealt with? Will it include, for example, how the wind-down will happen from the point of view of the administration? Will bonuses, incentives, or anything like that be...

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

Catherine Murphy: The 12,700 units NAMA has delivered to date represent approximately 63% of its own target. Why has NAMA fallen so far short of its target?

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

Catherine Murphy: ...Mr. McDonagh spoke about some very valuable land in Fingal. He also talked about County Kildare which obviously piqued my interest. Is that land serviced? Is land hoarding going on? What stick does NAMA have to ensure that land is disposed of rather than not being freed up, if it is serviced? There is a cost to servicing land in addition to the value of the loan or the property.

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

Catherine Murphy: As Mr. McDonagh mentioned, some of this has been going on since NAMA was set up in 2009. It would have been shortly afterwards that NAMA became active on some of these. Tens of millions of euro have been spent on legal fees. I can understand why that would be so and NAMA has also defended cases in courts. Has there been any scenario where NAMA has had to dispense with the services of any...

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

Catherine Murphy: ..., including one special needs school where there are serious issues. It is infuriating to think these incredibly important pieces of land are not being brought into use. Mr. McDonagh stated NAMA is working with the people involved here. What is the impediment to dealing with this all these years later? Those two sites in Kildare are in pretty good locations. It is self-evident that...

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

Catherine Murphy: Is there any one that Mr. McDonagh regrets, such as Battersea or the like, where he feels NAMA would have got more for it?

Public Accounts Committee: Business of Committee (28 Sep 2021)

Catherine Murphy: I want to return to the issue of National Asset Management Agency, NAMA. I am aware that the office of the Comptroller and Auditor General has people embedded in NAMA. Is the Comptroller and Auditor General’s report being published early in the day and will there be a chapter on NAMA within the report?

Written Answers — Department of Finance: National Asset Management Agency (15 Jun 2021)

Catherine Murphy: 327. To ask the Minister for Finance if a schedule will be provided of the transactions NAMA has had historically with companies (details supplied); the value of same; the breakdown by the asset type involved in each transaction, that is, land, completed buildings and part completed buildings and sites with and without planning and or zoning; and the locations of same. [30577/21]

Written Answers — Department of Finance: Financial Services Sector (11 Mar 2021)

Catherine Murphy: 59. To ask the Minister for Finance the amount a company (details supplied) has received in fees from NAMA in each of the years 2014 to 2020 and to date in 2021. [13898/21]

Written Answers — Department of An Taoiseach: Commissions of Investigation (13 Jan 2021)

Catherine Murphy: 4. To ask the Taoiseach if the opposition were consulted in advance of the most recent extension of the commission of investigation with respect to NAMA; and if he will commit to consulting the opposition in advance of the March 2021 deadline. [1149/21]

Written Answers — Department of Finance: National Asset Management Agency (13 Jan 2021)

Catherine Murphy: 211. To ask the Minister for Finance if assets were sold back to and-or transferred by NAMA and-or a third party to a person (details supplied) following their bankruptcy; and if he is satisfied that the beneficial owner procedures have been adhered to in relation to this asset. [44742/20]

Written Answers — Department of Finance: National Asset Management Agency (13 Jan 2021)

Catherine Murphy: 262. To ask the Minister for Finance the amount paid out in gardening leave by the National Asset Management Agency, NAMA, in 2020; and the number to receive gardening leave payments in 2021. [1920/21]

Written Answers — Department of Education and Skills: Schools Site Acquisitions (15 Dec 2020)

Catherine Murphy: 326. To ask the Minister for Education and Skills when the sale for the site from the National Asset Management Agency, NAMA, of the school campus at Donaghcumper, Celbridge, County Kildare will be completed; if there are obstacles to the purchase of the site; if so, the obstacles; the way in which they will be overcome; and if she will make a statement on the matter. [42982/20]

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Catherine Murphy: ...timings just did not work out. I noticed something in Mr. McDonagh's statement that always grates with me, as I have said on several occasions. I refer to the word "profit". I appreciate that NAMA ended up with portfolios on which there had been great discounts. I believe the Comptroller and Auditor General said the outlay was €74.4 billion and that NAMA received the assets for...

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Catherine Murphy: This represents a discount of approximately 85% on the original par value. NAMA hoped to get €46.2 million. We have heard that there were errors and Mr. McDonagh has accepted this. The public took a great hit and NAMA was set up and given a job to do, which was to get as much as it possibly could for the assets. Its terms of reference stated that it was to achieve the best possible...

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Catherine Murphy: If there was no real interest in the portfolio, what risk was there in NAMA advertising it?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Catherine Murphy: ...well have been a desktop exercise carried out after that. Mr. McDonagh might confirm whether there was. There was no competitive process and Clareview knew that there was no other bidder. Did NAMA not just throw in the towel in attesting that there was no more to be achieved from this?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Catherine Murphy: Would Mr. McDonagh say there is a basis to conclude that NAMA achieved the best possible financial return for the Project Nantes loan sale? Can he point to that basis?

Public Accounts Committee: Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019 (8 Oct 2020)

Catherine Murphy: Yet Mr. McDonagh differentiated in his response today that NAMA achieved profits of €78 million on six of the seven connection loan bundles. He differentiated Nantes himself.

Public Accounts Committee: Business of Committee (11 Jul 2019)

Catherine Murphy: ...of the State. The point the Chairman made is the point we have been trying to make, that is, that it is a matter of scrutiny and oversight. Let us consider the National Asset Management Agency, NAMA. The Comptroller and Auditor General audits NAMA and has a number of people within the agency with oversight of what is happening. This was Anglo Irish Bank and Irish Nationwide Building...