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Results 161-180 of 296 for nama speaker:Richard Boyd Barrett

Joint Oireachtas Committee on Housing, Planning, Community and Local Government: Action Plan for Housing and Homelessness: Minister for Housing, Planning and Local Government (Resumed) (27 Jun 2017)

Richard Boyd Barrett: The Department needs to play a role in this. I have just read a report where a former senior executive in NAMA has gone into a fund with Hibernia Reit and another gang called MKN Property Group. They bought property in Tallaght. Supposedly some of it is for social housing. This is someone who has a conflict of interest having come from NAMA and big vulture funds coming into the affordable...

Joint Oireachtas Committee on Housing, Planning, Community and Local Government: Action Plan for Housing and Homelessness: Minister for Housing, Planning and Local Government (Resumed) (27 Jun 2017)

Richard Boyd Barrett: I brought to public attention the Robin Hill apartments, which to my mind demonstrate everything that is going wrong with policy. NAMA sat on 15 empty units in this development for a number of years. The council tried to obtain those units from NAMA but it was refused them. NAMA sold the development to Cerberus, people are now being evicted and the 15 units remain vacant. Also, the...

Written Answers — Department of Finance: NAMA Property Sales (27 Jun 2017)

Richard Boyd Barrett: 150. To ask the Minister for Finance the percentage discount a company (details supplied) received relating to the par value and the market value at the time of purchasing from NAMA apartments in Balally, in particular, and other property; and if he will make a statement on the matter. [29530/17]

Written Answers — Department of Housing, Planning, Community and Local Government: NAMA Social Housing Provision (27 Jun 2017)

Richard Boyd Barrett: 597. To ask the Minister for Housing, Planning, Community and Local Government his plans to discuss with the Minister for Finance a change to the mandate of NAMA to include a greater transfer of residential property and building land from NAMA to local authorities in view of the continuing and escalating housing crisis; and if he will make a statement on the matter. [29541/17]

Joint Oireachtas Committee on Housing, Planning, Community and Local Government: Action Plan for Housing and Homelessness: Minister for Housing, Planning and Local Government (22 Jun 2017)

Richard Boyd Barrett: ...and to conduct an audit. We need staff to go out to look for these vacant properties. Let us take the Robin Hill apartments, an example I highlighted before. These should never have been sold by NAMA to Cerberus. There are 15 empty apartments there now. Dún Laoghaire-Rathdown County Council tried to get them a year ago and was refused. These apartments are empty. Can we have...

Office of the Director of Corporate Enforcement: Statements (25 May 2017)

Richard Boyd Barrett: ...street have been shafted by Mr. FitzPatrick and Anglo Irish Bank and the disaster inflicted on the country rolls on. The property assets that these people bankrolled with gambling and speculation were handed over to NAMA and then handed back to vulture funds and to some of the same developers who are now evicting people, resulting in a homelessness catastrophe. One of the chief...

Ceisteanna - Questions: Cabinet Committee Meetings (23 May 2017)

Richard Boyd Barrett: ...constituency will be a virtual new town of 8,000 residences. A total of €15 million will be given to Hines, the private developers that got most of the site at a very substantial discount from NAMA and which stands to make a hell of a lot of money. Average house prices in Dún Laoghaire are about half a million euro if not €600,000. The developers will make an awful...

Residential Tenancies (Housing Emergency Measures in the Public Interest) (Amendment) Bill 2016: Second Stage [Private Members] (18 May 2017)

Richard Boyd Barrett: ...Energy, is apparently the heating and hot water provider, but the bills will run to €100 or €200 a month. A loophole has been identified and that is what is happening. Properties are being hoarded. NAMA was doing it, incredibly, and now Cerberus is doing it. It is doing so because it knows rents are increasing and it can start at the top of the market, as Deputy...

Residential Tenancies (Housing Emergency Measures in the Public Interest) (Amendment) Bill 2016: Second Stage [Private Members] (18 May 2017)

Richard Boyd Barrett: ...by the State and local authorities. I do not refer to the outsourcing of social housing to the private sector. What I propose is the critical step. We also need to stop immediately selling off, via NAMA, residential property, land banks and so on to vulture funds that are gaining oligopolistic control, or a virtual monopoly, over residential property and land, thereby ratcheting up...

Committee on Budgetary Oversight: Capital Investment Plan 2016-2021: Dublin Chamber of Commerce (9 May 2017)

Richard Boyd Barrett: ...of many more. I have mentioned three examples off the top of my head. We know there are 55,000 empty units in Dublin, which is shocking. We do not know how many of them are under the control of NAMA. God knows what was going on there. The number of empty units is larger than the number of people on the housing list. There are 44,000 people on the housing list in Dublin. We could...

Leaders' Questions (9 May 2017)

Richard Boyd Barrett: A fantasy figure has just appeared, namely, that the State has apparently purchased 40,000 houses. The more accurate truth is that NAMA has flogged off thousands of homes or, worse, as the Balally example indicates, has sat on empty properties in public ownership and when local authorities sought to purchase them, it refused and chose to sell them to a vulture fund instead. The vulture fund...

Leaders' Questions (9 May 2017)

Richard Boyd Barrett: ...that follows. Robin Hill, a development of apartments in Balally in Sandyford, was originally built by the McEvaddy brothers in 2008. The development, which consists of 52 apartments, went into NAMA at some point. For most of the time it has been in NAMA, at least 15 and possibly as many as half of the apartments have been empty while the housing crisis spirals out of control. In May...

Committee on Budgetary Oversight: Stability Programme Update: Minister for Finance (13 Apr 2017)

Richard Boyd Barrett: ...we increase the supply of not-for-profit, directly-provided State housing, that balance will never be corrected. I would like the Minister to comment on that. There is a section in the stability programme about NAMA where the Minister says that its debt and bonds are to be redeemed by the end of 2017. Had the Minister not accelerated the redemption of those bonds and used the money...

Leaders' Questions (Resumed) (12 Apr 2017)

Richard Boyd Barrett: ...it. Will the Taoiseach do what Mr. Edmund Honohan advocated and start a compulsory purchase programme to buy empty properties and buildings to house the people in these circumstances? Will he order NAMA to immediately stop selling off land and property-----

Written Answers — Department of Finance: NAMA Portfolio (6 Apr 2017)

Richard Boyd Barrett: 113. To ask the Minister for Finance if he will request from NAMA the correspondence it had with a company (details supplied) during the due diligence processes, in particular regarding potential fire safety and structural defects and commercial negotiations therein in respect of an area (details supplied); and if he will make a statement on the matter. [17305/17]

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

Richard Boyd Barrett: 79. To ask the Minister for Finance if he has read the recent report by a person (details supplied) into NAMA, which claims it has failed in delivering its remit and has potentially lost €18 billion for the State; and if he will make a statement on the matter. [16467/17]

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion (29 Mar 2017)

Richard Boyd Barrett: .... This is very unfortunate because what the report suggests is pretty explosive and makes even the Apple scandal pale in comparison. It suggests we have lost out to the tune of €18 billion on NAMA's disposal of assets far beneath their value. It goes without saying that such an amount of money could utterly transform the situation of this country and resolve our housing and...

Ceisteanna - Questions: Cabinet Committee Meetings (1 Feb 2017)

Richard Boyd Barrett: ...in Sandyford? They have been landed with a bill for approximately €2 million for properties that were badly built, with fire problems, health and safety problems and water damage. IRES Reit, NAMA and others can afford to pay the €10 million being demanded by the management company and IRES Reit does not pay any tax but ordinary property owners, who pay their tax and bought...

Establishment of a Commission of Inquiry into the National Asset Management Agency: Statements (1 Feb 2017)

Richard Boyd Barrett: Many of the general points have been made. I will not go over them except to say that it is utterly unacceptable not to have a complete investigation into all matters pertaining to NAMA so that we can get to the bottom of what has gone on with the vast amount of assets, loans and property for which it has been responsible, and whether it has served the public interest in how it has managed...

Leaders' Questions (26 Jan 2017)

Richard Boyd Barrett: ...came to office. How the Minister can possibly claim it is working is beyond me. There is the issue of the disposal of sites like those on Oscar Traynor Road, Shanganagh in Shankill or the NAMA sites in Cherrywood and so on. If these are given to private developers, how will they be affordable? They will not. The Government has not defined affordable housing. Public housing is...

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