Results 101-120 of 306 for nama speaker:Mick Wallace

Other Questions: Freedom of Information Remit (26 Sep 2017)

Mick Wallace: ...it is not? We put in many freedom of information requests. Sometimes we get satisfactory answers; sometimes, we do not. Recently - a while back - I put in a freedom of information request about NAMA’s freedom of information system to see how it works on a day-to-day basis. Pádraig Corkery, the freedom of information manager in NAMA, on a request I put in on Project Eagle...

Leaders' Questions (26 Sep 2017)

Mick Wallace: ...years, 26 houses have been built in Wexford; that is seven per year. It is not happening. The Government has brought out so many measures at this stage we have lost count of them. In 2016, NAMA sold Project Abbey, the loan portfolio of developer Harcourt Developments, for €300 million. Before it did so, NAMA took out 72 acres of the land and boasted at the housing committee...

Leaders' Questions (26 Sep 2017)

Mick Wallace: .... The State should not depend on the private sector to provide social and affordable housing. We have tried that approach and it has not worked. The Taoiseach has spoken about repurposing NAMA to solve our housing problems. NAMA is under investigation in Britain, the US and Ireland. Just 6% of the land NAMA has sold has been built on. Just 3,000 out of a potential 50,000 homes...

Written Answers — Department of Finance: NAMA Reports (26 Sep 2017)

Mick Wallace: 80. To ask the Minister for Finance if his Department has issued yearly reports to the EU Commission for the Directorate General for Competition on the use of NAMA's post-acquisition powers; the number of yearly reports that have been issued to date; and if he will make a statement on the matter. [40478/17]

Written Answers — Department of Finance: NAMA Legal Fees (26 Jul 2017)

Mick Wallace: 130. To ask the Minister for Finance the law firms currently working for or that have worked for NAMA; and the fees paid to each in each of the years 2011 to 2016 and to date in 2017, in tabular form. [35936/17]

Written Answers — Department of Finance: NAMA Expenditure (12 Jul 2017)

Mick Wallace: 129. To ask the Minister for Finance the receivers working for NAMA and the fees paid to same in each of the years 2011 to 2016 and to date in 2017, in tabular form. [33273/17]

Written Answers — Department of Finance: NAMA Property Sales (11 Jul 2017)

Mick Wallace: 122. To ask the Minister for Finance the number of sites and units NAMA has sold to a charity (details supplied) in each of the years from 2010 to 2016 and to date in 2017; the costs associated with same; the type of sale, private treaty or through National Asset Residential Property Services, NARPS; and if he will make a statement on the matter. [32118/17]

Quarterly Report on Housing: Statements (6 Jul 2017)

Mick Wallace: ...one-bedroom apartments to be launched soon at €1,900 a month. The system is broken. High rents lead to evictions which lead to homelessness which leads to an extra cost to the State. It is not rocket science. NAMA is talking about supplying 20,000 units. Some 18,000 of them are to be supplied at approximately €360,000 each, with 2,000 available for the social end. Last...

Other Questions: NAMA Transactions (5 Jul 2017)

Mick Wallace: ...Shift was one of the seven advised by a person (details supplied) as reported in the Comptroller and Auditor General's report on Project Eagle; the reason Project Shift was not discussed at any NAMA Northern Ireland advisory committee meetings; and if he will make a statement on the matter. [31470/17]

Other Questions: NAMA Transactions (5 Jul 2017)

Mick Wallace: This question deals with Project Shift, which relates to the sale by NAMA of the loans of a Northern Ireland debtor associated with German shopping centres and Cerberus, the same Cerberus that bought Project Eagle. Until some months ago, little was known about Project Shift. However, from two previous replies to parliamentary questions we have established that it was not discussed at any...

Other Questions: NAMA Transactions (5 Jul 2017)

Mick Wallace: Okay, but it will be a long supplementary. I have spoken to Brian Rowntree several times lately. He said to me that he had never heard of Project Shift. He said that he was led to believe by NAMA, via the chairman, Frank Daly, and Ronnie Hanna, that Project Eagle was the first sale of any element of the Northern Ireland portfolio to a third party loan acquisition group. This is a...

Other Questions: NAMA Transactions (5 Jul 2017)

Mick Wallace: ...other things. He has asked us to preserve any evidence relating to Project Shift. However, I cannot understand why the Minister might not be interested in getting answers to the questions around NAMA in this area. I welcome the Minister to his new portfolio and I hope he gets on well in it. By the end of his days there I was unhappy with the former Minister's manner of refusing to...

Other Questions: NAMA Operations (5 Jul 2017)

Mick Wallace: According to the NAMA Act, the overall objective of NAMA was to bring stability to the banking system by removing impaired loans from bank balance sheets; it was never set up to make a profit. It would have to get back over €74 billion to make a profit. The Minister is saying the EU directive requires that certain companies, including NAMA, must be audited by a statutory auditor...

Other Questions: NAMA Operations (5 Jul 2017)

Mick Wallace: ...Mazars. Article 14 of the EU directive which deals with statutory auditors states, "In exceptional circumstances, Member States may derogate from the requirements laid down in this Article ...". NAMA has always been an exception, dating back to 2009 when the European Commission gave it a special exemption to receive state aid. Will the Minister tell us whether his Department sought an...

Other Questions: NAMA Operations (5 Jul 2017)

Mick Wallace: 24. To ask the Minister for Finance further to the recent announcement by NAMA of the appointment of a company (details supplied) as statutory auditor, the role played by his Department in this decision; the advice his Department and NAMA sought on this decision; if the Office of the Comptroller and Auditor General was consulted about the decision; if he has satisfied himself that the...

Other Questions: NAMA Operations (5 Jul 2017)

Mick Wallace: My question relates to the appointment of a second auditor to NAMA arising from the EU audit directive. I have some questions about the process involved. When did this matter first arise? Will the Minister outline the advice his Department and NAMA received on the decision? Was the Comptroller and Auditor General engaged at all times in decision-making? If legal advice was sought from...

Written Answers — Department of Finance: NAMA Loans Sale (5 Jul 2017)

Mick Wallace: 42. To ask the Minister for Finance the extent to which NAMA considered the tax structures of potential bidders for assets being sold by NAMA; the impact of these to the potential returns to the State; and if he will make a statement on the matter. [31469/17]

Written Answers — Department of Finance: NAMA Operations (5 Jul 2017)

Mick Wallace: 45. To ask the Minister for Finance the freedom of information procedures that operate within NAMA; the process followed from receiving a request to publication; if the procedures adhere fully to the Freedom of Information Act 2014; and if he will make a statement on the matter. [31471/17]

Written Answers — Department of Finance: NAMA Transactions (5 Jul 2017)

Mick Wallace: 57. To ask the Minister for Finance further to Parliamentary Question No. 271 of 2 May 2017, if he has satisfied himself that NAMA achieved maximum return under section 10 of the National Asset Management Agency Act 2009 with regard to the debt refinancing transaction Project Nantes; and if he will make a statement on the matter. [31467/17]

Written Answers — Department of Finance: NAMA Operations (4 Jul 2017)

Mick Wallace: 97. To ask the Minister for Finance the rationale to appoint a second auditor to NAMA with regard to the recent announcement by NAMA of the appointment of a company (details supplied) as statutory auditor; the advice sought regarding this decision, by both NAMA and his Department; if legal advice was sought from the Attorney General; if the decision is in breach of section 57(1) of the...