Results 181-200 of 306 for nama speaker:Mick Wallace

Housing Strategy: Statements (19 Jul 2016)

Mick Wallace: ...accommodation. Investment funds are still buying houses for less than the cost at which we can build them. Why does the Government not take that position? The Labour Party suggested we rebrand NAMA. I would prefer to abolish it. I am very concerned that we will expect NAMA to provide 20,000 houses in the next few years. This is an organisation that looks worse by the day. It...

Leaders' Questions (13 Jul 2016)

Mick Wallace: That is probably the worst answer the Taoiseach has ever given me in the House in relation to NAMA. He did not answer any of the questions I asked him. I never mentioned the words "Project Eagle". I am tired talking about that in here. On that, the Taoiseach has made the point that there is no investigation into the workings of NAMA, even around that or anything else. It is blatantly...

Leaders' Questions (13 Jul 2016)

Mick Wallace: Will the Taoiseach answer my question? Why did NAMA sell Harcourt Street station to a vulture fund rather than keep it in State ownership? Has it anything to do with the fact that people, who were insiders, were going to benefit from it?

Leaders' Questions (13 Jul 2016)

Mick Wallace: It is just ridiculous. It is outrageous to say that no allegations have been made against NAMA in Dublin. There are bucketfuls of them. Somebody is eventually going to have to deal with it. Why will the Taoiseach not deal with it before he is gone? Otherwise it will be on his legacy that he did not want----

Leaders' Questions (13 Jul 2016)

Mick Wallace: What does the Taoiseach think of the National Asset Management Agency, NAMA, complaining to the Standards in Public Office Commission, SIPO, in March 2016 about Frank Cushnahan, given that it knew in March 2014 that this gentleman was in line for a backhander of £5 million?

Leaders' Questions (13 Jul 2016)

Mick Wallace: Given that Ronnie Hanna was arrested in May 2016, can we expect NAMA to complain about him in May 2018? Aside from Frank Cushnahan, the arrest of Ronnie Hanna has brought Project Eagle back home to Dublin, yet the Government wants to bury its head in the sand. It is more than a year since I first gave the Garda the name of an individual who paid €15,000 in a bag in order to get...

Misuse of Drugs (Amendment) Bill 2016: Second Stage (6 Jul 2016)

Mick Wallace: ...and power from the dealers, make communities safer, save the State money, and free Garda resources to pursue real crimes. They might even have the resources to properly investigate what is going on in NAMA. Why are we not even considering this as a real possibility instead of passing a Bill that will waste Garda time, make criminals rich and ruin more lives?

National Asset Management Agency: Motion [Private Members] (29 Jun 2016)

Mick Wallace: ..., Deputy Michael Noonan, said if I had any allegations, I should make them without using Dáil privilege. With regard to the two gentlemen who were arrested a few weeks ago, the former employees of NAMA who worked for it in Dublin, I have mentioned them several times outside this House. The Minister spoke about going to the relevant authorities. I have gone to the Garda on a number...

National Asset Management Agency: Motion [Private Members] (29 Jun 2016)

Mick Wallace: ..., Project Eagle; and to establish a deadline for the completion and publication of the report by the Commission of Investigation. I will share my time with Deputy Clare Daly. The sale of Project Eagle by NAMA to Cerberus for £1.241 billion was, at the time, the largest ever property deal to take place on the island of Ireland. It was also the first time that NAMA packaged up a loan...

Other Questions: NAMA Operations (23 Jun 2016)

Mick Wallace: ...never would have been arrested, but he happened to be up there. The authorities there are only meant to be investigating the purchase side of Project Eagle. The Government has been adamant, like NAMA, that there was nothing wrong on the sales side and all the problems were on the purchase side. What in God's name is the NCA looking into? What is the US Securities and Exchange...

Other Questions: NAMA Operations (23 Jun 2016)

Mick Wallace: -----by NAMA, as it has stated, that PIMCO was obliged to withdraw from the bidding process because its compliance department refused to sign off on the payment of a fixer's fee by the company, the Minister did nothing about it?

Other Questions: NAMA Operations (23 Jun 2016)

Mick Wallace: ...the Minister is well aware, I have spoken to the National Crime Agency a few times, as well as to the Garda. The Minister stated today in the Chamber that he remained in regular dialogue with the NAMA chairman and he told Members he had no expertise in selling property as an excuse for taking a hands-off approach.

Other Questions: NAMA Operations (23 Jun 2016)

Mick Wallace: Many people know a good bit about selling property and would be fairly sceptical about the knowledge NAMA has shown of the same industry. The idea that Project Eagle would be sold for €2.41 billion and that Cerberus will go close to doubling its money is pure nonsense. It simply is ridiculous that Members are content with this.

Other Questions: NAMA Operations (23 Jun 2016)

Mick Wallace: The Garda Bureau of Fraud Investigation announced today that it had arrested the former NAMA employee Paul Pugh, an individual who came onto our radar long before now. That makes four NAMA employees in total who have been arrested. Does the Minister not think it is about time he started asking questions? Could he tell me of any other State organisation that has had four former employees...

Written Answers — Department of Finance: NAMA Accounts (23 Jun 2016)

Mick Wallace: 45. To ask the Minister for Finance if he is satisfied with the work of NAMA to date; and if he will make a statement on the matter. [17483/16]

Single Resolution Board (Loan Facility Agreement) Bill 2016: Second Stage (Resumed) (9 Jun 2016)

Mick Wallace: ...confident that it seeks the truth and I will continue to believe that until proven otherwise. My appeal today is that the Government take action. There is more bad news coming down the tracks for NAMA. It will get a great deal worse before it gets better. The Government should act now. This has been ongoing for more than a year and the Government has stonewalled most of what I have...

Single Resolution Board (Loan Facility Agreement) Bill 2016: Second Stage (Resumed) (9 Jun 2016)

Mick Wallace: Sorry. The NAMA code of conduct for both committee members and officers states... members may potentially have access from time to time to “inside” or “confidential” information regarding financial instruments and the issuers of such instruments. As such, Committee members-----

Single Resolution Board (Loan Facility Agreement) Bill 2016: Second Stage (Resumed) (9 Jun 2016)

Mick Wallace: ...hold to account private institutions that work within that state does not stack up. It really does not make any sense. I will not name the individuals again, but the gentlemen I referred to both worked for NAMA. Is anyone even remotely concerned about the fact that they have been arrested by the National Crime Agency? The notion that these guys were only involved on the sale side has...

Single Resolution Board (Loan Facility Agreement) Bill 2016: Second Stage (Resumed) (9 Jun 2016)

Mick Wallace: ...of bankers and their lobby groups. Speaking of criminal offences, I have just written to the Central Bank to report possible criminal offences under the Market Abuse (Regulations) 2005 by the former NAMA committee member Frank Cushnahan and former NAMA executive officer Ronnie Hanna. Both men were arrested in Northern Ireland last week. The NAMA code of conduct-----

Committee on Housing and Homelessness: Minister for the Environment, Community and Local Government (2 Jun 2016)

Mick Wallace: ...local authority did not feel that the project was doable in that manner. There are some challenges that need to be addressed in that area with the local authorities. To return to my first point, NAMA representatives appeared before this committee and it was very interesting to listen to them. They made it very plain that they have a commercial mandate - 100% - and that the notion that...