Results 81-100 of 246 for nama speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Kieran O'Donnell: To give a flavour from that period, did NAMA make profits on the disposal of other loans? What are generally the criteria in terms of the disposal of loans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Kieran O'Donnell: ...to the Committee of Public Accounts. One of the recommendations made by the Comptroller and Auditor General at the time was that there should be criteria for return on investment, a benchmark for NAMA, which the agency disputed. The question was raised again in the list of questions. It has been lost in some of the commentary that when NAMA was originally established, one of its...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Kieran O'Donnell: I welcome that. I have one or two other quick questions. Question No. 17 related to NAMA staff.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Kieran O'Donnell: I will read it then. The question was about the level of NAMA staff that had effectively left NAMA and gone to the private sector. It is worrying that of the 108 staff members who resigned from the agency since its inception nearly 50%, or 51 former staff, have taken up employment in property companies, finance companies, and consultancy and law firms. From a contractual and data...

Public Accounts Committee: Business of Committee (25 Sep 2014)

Kieran O'Donnell: I suppose there is another issue also. From a cashflow viewpoint, the €31 million the State had to give to NAMA could have been used to address many other on-the-ground issues, now rather than in the future.

Public Accounts Committee: Business of Committee (25 Sep 2014)

Kieran O'Donnell: ...more than contribute towards this. In isolation, each sum of money is significant but when added up they comprise a tremendous amount. The State operates on a cashflow basis. Therefore, if the €30 million that has gone to NAMA were not in NAMA, it would be put to far more constructive use in the short term in terms of the delivery of services on the ground, which is the role of...

Public Accounts Committee: Business of Committee (25 Sep 2014)

Kieran O'Donnell: Am I correct in saying that by sheer twist of fate, the land ended up going into NAMA?

Public Accounts Committee: Business of Committee (25 Sep 2014)

Kieran O'Donnell: If NAMA had not been there at the time, the State could have been caught.

Public Accounts Committee: Business of Committee (25 Sep 2014)

Kieran O'Donnell: I am always available, for Limerick. I think Brian Cody has more than enough. Am I correct that the two things to come out of this were, first, the State had a lucky break in terms of NAMA, which is an unusual comment to make, but that is the case, and, second, there was no proper lead authority structure in place in terms of proper due diligence being done on this contract at the time?

Public Accounts Committee: Business of Committee (18 Sep 2014)

Kieran O'Donnell: Often when NAMA appears before the committee it does not have the required information. It is important that we ask for information in advance. There is clearly an issue with housing. We must get a proper portfolio and audit of all available housing stock both in terms of number, location and size. We should also get a proper idea of the number of serviced lands that are ready for build...

Public Accounts Committee: 2012 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 4 - Vote Accounting
Chapter 10 - Central Government Funding of Local Authorities
Chapter 11 - Costs of Land Remediation
Vote 25 - Department of the Environment, Community and Local Government (26 Jun 2014)

Kieran O'Donnell: ...mothers, living in dives. I would not put anyone into them. I feel an onus to help them. Mr. McCarthy might tell me what he has in mind to address the challenge, involving organisations such as NAMA and the voluntary groups that do fantastic work. How do we go about it systematically where, instead of finding mechanisms to keep people off the lists, we find mechanisms to facilitate in...

Public Accounts Committee: Business of Committee (15 May 2014)

Kieran O'Donnell: Is the NAMA report being published this coming Tuesday?

Government's Priorities for the Year Ahead: Statements (Resumed) (13 Mar 2014)

Kieran O'Donnell: ...to maintain and create jobs. Our first priority must be to ensure mechanisms are put in place to decouple property debt from business debt. Ironically, this was done for the banks through NAMA in that many of the development loans causing difficulties for the banks' balance sheets were transferred to the agency. We must consider doing something similarly creative for the SME sector. ...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Sale of IBRC Mortgage Loan Book: Discussion (26 Feb 2014)

Kieran O'Donnell: How much of the IBRC loan book, in terms of value, does Mr. Wallace expect to be moved to NAMA? On what date was the independent valuation conducted? What does Mr. Wallace anticipate will be the return to the taxpayer from the sale, or will the IBRC liquidation impose a cost on taxpayers? What are the current projections?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Sale of IBRC Mortgage Loan Book: Discussion (26 Feb 2014)

Kieran O'Donnell: How many of the loans will end up moving to NAMA?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Sale of IBRC Mortgage Loan Book: Discussion (26 Feb 2014)

Kieran O'Donnell: How much was anticipated to move to NAMA at the start of the process?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Sale of IBRC Mortgage Loan Book: Discussion (26 Feb 2014)

Kieran O'Donnell: Could one make the case that the independent valuations were too low and the buyers are getting bargains, given that 80% of the loans will be sold on the open market and 20% are expected to move to NAMA?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority
Annual Report and Financial Statements 2012 (6 Feb 2014)

Kieran O'Donnell: ...Ms Quinlivan taken the opportunity to investigate what happened in respect of the Glass Bottle site that made costs run amok in the space of 12 days? Was the tail wagging the dog? I do not accept the argument that the assets will end up in NAMA because the decision should not have been made in the first place.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority
Annual Report and Financial Statements 2012 (6 Feb 2014)

Kieran O'Donnell: On page 31 of Mr. Crawley's briefing, there is a map that shows the North Lotts, the IFSC and Grand Canal Dock. How much of that holding is now under the control of NAMA? I refer to the undeveloped parts.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority
Annual Report and Financial Statements 2012 (6 Feb 2014)

Kieran O'Donnell: Would it not be based on the sale to NAMA itself? Could details be provided on what assets ended up in NAMA?