Results 21-40 of 44 for nama speaker:Clare Daly

Residential Tenancies (Amendment) (No.2) Bill 2012: From the Seanad (1 Dec 2015)

Clare Daly: ...has bent to the real estate investment trusts, REITs, and the big vulture funds that have come in and begun to dominate the rental market. It has been exaggerated and aggravated by the role of NAMA in selling whole swathes of property below cost price to some of the serial renters who have operated as a cartel in this and other cities around the country in driving up rents. The measures...

Housing and Homelessness: Motion (Resumed) [Private Members] (18 Nov 2015)

Clare Daly: ..., rather the problem is with the REITs. The problem is the large vulture capital funds that have been allowed to dominate the rental market in this city, a system facilitated and nurtured by NAMA and the by the antics engaged in by NAMA, not least with the scandalous decision on the Government's watch to allow the sale of Project Arrow while Cerberus is under criminal investigation in a...

National Asset Management Agency: Motion (Resumed) [Private Members] (21 Oct 2015)

Clare Daly: An attempt has been made to say that this is a Northern problem; it is not. Yesterday, we read reports in the newspapers about NAMA bragging about yielding profits of €473 million when we know it realised and acquired these loans at a massive discount in the first place. It handed them over to individuals who flipped them and profited from them at the expense of Irish taxpayers. ...

Northern Ireland: Statements (15 Jul 2015)

Clare Daly: ...who think heir views have been sold out on. It is against that backdrop that we need to look at the scandal which has convulsed Northern society in recent weeks, with the revelations in the NAMA scandal. To my mind, what we have in Northern Ireland is an unusual arrangement, a dysfunctional society which operates in a sort of sectarian balancing act, with both groups claiming to...

Northern Ireland: Statements (15 Jul 2015)

Clare Daly: There has been an attempt made by NAMA to state the Project Eagle portfolio was a poor one, but the reality is that it was the biggest transaction in the history of the State. It was not a poor portfolio. The idea that we could not have got more money for it is, quite simply, laughable. Not only did it not get an extra €1 billion for it, it did not even recover the amount it had...

Northern Ireland: Statements (15 Jul 2015)

Clare Daly: ...the Committee of Public Accounts had already looked at it? These are big money projects which have a huge impact on the taxpayer in the State. I really think the Government should be asking these questions when NAMA took the decision to remove PIMCO from the process. What statutes were breached? Did they include the NAMA Act or the foreign corrupt practices Act in the United States?...

Urban Regeneration and Housing Bill 2015: Report Stage (7 Jul 2015)

Clare Daly: I also believe it is appropriate and welcome that Deputy Wallace mentioned the issue of NAMA. It is as if we are in the middle of a production of "Hamlet" when the boys are outside talking about their being something very rotten in the state of Denmark. We all know what happened at the end play - there was no more Hamlet and the dynasty he stood over dissolved as well. I honestly believe...

Leaders' Questions (2 Jul 2015)

Clare Daly: Does she have confidence in NAMA?

Leaders' Questions (2 Jul 2015)

Clare Daly: In a few years' time the Tánaiste will be in before another committee for the NAMA tribunal.

Urban Regeneration and Housing Bill 2015: Second Stage (Resumed) (18 Jun 2015)

Clare Daly: ...the people who contacted me said that through the network of the community he knew well in excess of 40 local couples in the area were struggling to be passed for a mortgage of more than €220,000. Therefore, instead of NAMA getting €1.4 million, it could have received €2.4 million if the people concerned had collectively come together to bid for the property. Instead...

Mortgage Restructuring Arrangement Bill 2013: Second Stage [Private Members] (1 Oct 2013)

Clare Daly: ...has put forward a solution which deals only with the wealthy people who, in many ways, were responsible for the crisis in the first place, including those individuals who have ended up in NAMA, while ordinary citizens are left paying their bills. There is also a perception - like the other perception I mentioned, it is a reality - that it is those struggling homeowners who have a little...

Land and Conveyancing Law Reform Bill 2013: Second Stage (Resumed) (1 May 2013)

Clare Daly: ...Media, which is one of the organs which champions Government policies and stands idly by, allowing this situation to go unchallenged. It does not challenge the fact that the taxpayers and ordinary citizens are bailing out developers through NAMA. Billions of euro in taxpayers' money has been spent on developers, many of whom continue to trade, while the ordinary taxpayer picks up the...

Residential Tenancies (Amendment) (No. 2) Bill 2012: Second Stage (Resumed) (24 Jan 2013)

Clare Daly: ...that context, where there is a new type of landlord and circumstances are different from before. There has been a virtual collapse in social housing provision. No houses are being built and no NAMA properties are being transferred into the ownership of the local authorities. The best that is on offer at present is the long-term lease where the local authority or tenants engage in a ten...

Report of the Pyrite Panel: Statements (Resumed) (18 Oct 2012)

Clare Daly: ...or he would impose one. That was four months ago and now he says we have to wait another ten days. These people cannot afford to have the can kicked down the road. We have been told €2 billion from NAMA will be spent on capital projects. Up to €1 billion in unspent development levies is held by local authorities. The Minister has been able to transfer the bad debts of...

Topical Issue Debate: Priory Hall Development (16 Oct 2012)

Clare Daly: ...is increasing. We as taxpayers, a Government and a Parliament who own these banks must step in. The mortgages should be transferred to a property of the choosing of the residents, be it in NAMA or somewhere else. Priory Hall is no more and these people will not return there. I agree with the other Deputies that it is unacceptable that the Minister, Deputy Hogan, hid behind a court...

Private Members' Business. Building Control Regulations: Motion (Resumed) (7 Jun 2012)

Clare Daly: ...estates that have heave-inducing pyrite and other problems should have that money invested in a remedial programme of public works to make good those houses. We have the €2 billion promised by NAMA to invest in capital projects. What better work to be done than to fix these houses? Unless the State takes the lead in this, it will not happen and these people will not get justice. There...

Construction Contracts Bill 2010 [Seanad]: Second Stage (Resumed) (10 May 2012)

Clare Daly: ...much on the basis of a refusal by the main contractor to pay the subcontractor. Many key contractors have built up their businesses on an approach such as this. It is fair to say the likes of McNamara Construction, which is in receipt of many State contracts, made a great deal of its money on the back of intimidating, bullying, dragging out payments and not paying subcontractors. There...

Legal Services Regulation Bill 2011: Second Stage (Resumed) (8 Feb 2012)

Clare Daly: ...environment already exists in this area and that legal fees have been driven down. I do not agree. As stated in today's edition of The Irish Times, €27.5 million in legal fees relating to NAMA has already been paid out. It is expected a further €2 billion in legal fees will be paid out in this regard. The issue of fees needs to be addressed. The Bill contains some provisions which...

Social Welfare Benefits (26 Jan 2012)

Clare Daly: ...faced with having to either move out of the area or move into substandard accommodation. Meanwhile nothing is being done to release the numerous empty units around the country, many of which are NAMA properties effectively owned by the State, thus ensuring people are not constantly forced to move to different geographic areas.

Social Welfare Benefits (26 Jan 2012)

Clare Daly: ...force that person out of the area in which she has fought so long. Were the Labour Party serious about making savings and taking landlords out of the net, a serious approach would be taken to the NAMA properties. The provision of 2,000 such properties in the context of 100,000 people on the waiting list is nothing but scratching the surface and is far too inadequate.