Results 121-140 of 306 for nama speaker:Mick Wallace

European Council: Statements (28 Jun 2017)

Mick Wallace: ..., as at present, facilitating their being bombed. On a different subject, I want to touch on the role of the European Union, and in particular the European Commission, during the establishment of NAMA. When NAMA was originally set up in late 2009, it was in clear breach of the EU state aid rules, under Article 107 of the Treaty on the Functioning of the European Union. However, as we...

Written Answers — Department of Finance: NAMA Operations (22 Jun 2017)

Mick Wallace: 63. To ask the Minister for Finance his plans to initiate a section 227 review of NAMA, with regard to the achievement of NAMA’s purposes under the NAMA Act 2009, in view of the recent commencement of the commission of investigation into NAMA and Project Eagle; and if he will make a statement on the matter. [29319/17]

Written Answers — Department of An Taoiseach: Heading (20 Jun 2017)

Mick Wallace: 148. To ask the Taoiseach the status of the Commission of Investigation into NAMA's Project Eagle. [29051/17]

Nomination of Taoiseach (Resumed) (14 Jun 2017)

Mick Wallace: ...by the State because that has not started. We cannot rely on the private sector to develop social housing through Part V. It will never deliver enough. The National Asset Management Agency, NAMA, says it can provide 20,000 units at approximately €350,000 each. Those units could be done for €250,000 each but the new Taoiseach must put the structure in place, take NAMA's...

Select Committee on Justice and Equality: Parole Bill 2016: Committee Stage (24 May 2017)

Mick Wallace: ...tell it that we do not have enough of it in Ireland. We are considering bringing forward a Bill to make it compulsory to keep minutes, for example. A simple example would be the decision made by NAMA to shred the minutes of the meeting of 13 December which was crucial in the final stages of the setting up of Project Eagle. Greater accountability is required across the board in how we do...

Commission of Investigation (National Asset Management Agency) Order 2017: Motion (23 May 2017)

Mick Wallace: ...the National Asset Management Agency’s Northern Ireland loan portfolio in the period 1st May, 2010 to 30th June, 2014 (the “Relevant Period”). 2. In particular, the Commission is to investigate, having regard to NAMA’s statutory obligations under the National Asset Management Agency Act 2009 and appropriate commercial practice in the Relevant Period: (a) if...

Written Answers — Department of Finance: NAMA Loans Sale (18 May 2017)

Mick Wallace: 15. To ask the Minister for Finance further to Parliamentary Question No. 138 of 3 May 2017, if Project Shift was discussed at NAMA Northern Ireland advisory committee meetings; if a person (details supplied) advised the debtor in question involved with Project Shift; if Project Shift was externally valued; when it was decided by NAMA to change it from an asset sale to a loan sale; and if he...

Written Answers — Department of Finance: NAMA Loans Sale (18 May 2017)

Mick Wallace: 83. To ask the Minister for Finance further to a statement (details supplied) by NAMA's head of residential delivery to the Committee of Public Accounts on 25 October 2016, the NAMA loan sales that were initiated by reverse inquiry; the names of the loan sales and the successful bidders, in tabular form; and if he will make a statement on the matter. [23645/17]

Written Answers — Department of Finance: NAMA Loans Sale (3 May 2017)

Mick Wallace: 138. To ask the Minister for Finance the details of the sales process engaged in by NAMA in respect of Project Shift; the reason the loans were not included in the Project Eagle loan sale; if the process was an open and competitive process; the number of bidders or potential bidders that were involved in different stages in the process; if a restricted number of parties were invited to...

European Council Meeting: Statements (2 May 2017)

Mick Wallace: ...that we discussed before the break is that Ireland is a strongly developed economy in the western world, and we should be seen to do business properly here. The commission of investigation into NAMA is important in this area. We cannot be perceived as being some sort of banana republic with regard to business. It is important that we insist on things being done well in how we do big...

Written Answers — Department of Finance: NAMA Assets Sale (2 May 2017)

Mick Wallace: 271. To ask the Minister for Finance the sales process engaged in by NAMA in respect of Project Nantes; if the process was an open and competitive process; the number of bidders or potential bidders that were involved in different stages in the process; if a restricted number of parties were invited to make offers; the actual number of parties that were invited to make a bid; and if he...

Written Answers — Department of Finance: NAMA Assets Sale (2 May 2017)

Mick Wallace: 272. To ask the Minister for Finance the sales process engaged in by NAMA in respect of Project Aspen; if the process was an open and competitive process; the number of bidders or potential bidders that were involved in different stages in the process; if a restricted number of parties were invited to make offers; the actual number of parties that were invited to make a bid; and if...

Written Answers — Department of Finance: NAMA Staff Data (2 May 2017)

Mick Wallace: 273. To ask the Minister for Finance the number of NAMA staff who have taken voluntary redundancies in each of the years from 2010 to 2016 and to date in 2017, in tabular form; the cost associated with same; and if he will make a statement on the matter. [20057/17]

Written Answers — Department of Finance: NAMA Transactions (2 May 2017)

Mick Wallace: 275. To ask the Minister for Finance the number of transactions completed by NAMA which involved vendor finance; the names of the companies in receipt of vendor finance; the names of the loan asset sales involved; the individual cost of each vendor finance initiative, in tabular form; and if he will make a statement on the matter. [20155/17]

Garda Commissioner: Motion [Private Members] (12 Apr 2017)

Mick Wallace: ...to hold the Government to account. We have a responsibility to hold the leaders of many State bodies to account, not just the Garda. It is fair game that we should hold the people at the head of NAMA to account. We should hold the people at the head of the Health Service Executive to account. If people think my life revolves around giving out about the Commissioner, I assure them...

Statute of Limitations (Amendment) Bill 2017: Second Stage [Private Members] (6 Apr 2017)

Mick Wallace: ...of the banking crisis and the collapse in the value of assets. However, many people are still in a very difficult place with them. Many of the banks' assets that they could not sell went into NAMA. Some of them were sold by the banks at a fraction of what it cost to build them. They have been bought mainly by US vulture funds. These vulture funds have had a massive impact on...

Other Questions: NAMA Operations (4 Apr 2017)

Mick Wallace: What kind of a society will we have when the Government of the day allows NAMA to sell housing to vulture funds for approximately half of their cost to build and there are more than 7,500 people homeless? Is there any chance that NAMA would play a stronger role? In any development that it is involved in, it is supposed to be delivering 10% social housing. Given that this is not enough,...

Other Questions: NAMA Operations (4 Apr 2017)

Mick Wallace: Section 2(b)(viii) of the NAMA Act provides that NAMA should "contribute to the social and economic development of the State". At the housing committee, Frank Daly of NAMA stated that "the biggest social dividend we can deliver indirectly is to pay this back as quickly as we can". He was speaking of the debt, much as the Minister was now. If NAMA returned what it called a profit of...

Other Questions: NAMA Operations (4 Apr 2017)

Mick Wallace: With the NAMA price, a huge profit is built in.

Other Questions: NAMA Operations (4 Apr 2017)

Mick Wallace: I do not think many people in the country would agree with the Minister. Speaking of a social dividend, when Dublin GAA failed to get the Spawell complex from NAMA, the CEO, John Costello, stated, "When the legislation went through the Dáil at committee stage the community development provision was added but I can't find any example of this being taken into account." We understand the...