Results 161-174 of 174 for nama speaker:Eoghan Murphy
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: Must NAMA make more than €31 billion in order to achieve a break-even target?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: In his opening statement, Mr. McDonagh said that NAMA was established to achieve the best financial return for the State from the assets entrusted to it. However, the legislation does not exactly say that. The legislation is open to interpretation as to what exactly NAMA is meant to pursue above and beyond the value of the assets as it acquired them in 2009. Looking back to Mr. Brian...
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: ...looks forward to 2015 and the next repayment, by which time we are meant to achieve a further 15%, and we are looking at overseas assets of €9 billion and assets in Ireland of €12 billion, is NAMA planning to achieve that 15% by releasing the majority of overseas assets, as was done with the first 25%?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: This comes back to what I was trying to get at earlier. To get the 15% figure by 2016, NAMA will be getting rid of most of the overseas assets.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: I understand the next 25%, but it is more that I am thinking beyond that to the 30% over the two year period. If we have achieved 50% of our bond repayments on NAMA through the bulk being overseas sales, and that at an increase above the value at which we purchased them, which is good, but then relying almost wholly on the Irish market over a two year period to realise 30% on NAMA bonds, and...
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: In relation to that, NAMA's debtors and what has been achieved to date, has that been achieved solely through debtors who are working with NAMA?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: I thank Mr. McDonagh, Mr. Daly and their colleagues for attending today. In my first questions I will look at the general figures, given that 2013 is a milestone year for NAMA. My colleagues will ask about some of the more detailed aspects of the 2012 report as well. NAMA will hit the first repayment target this year of 25% of the loan repayments. That is estimated at €7.5 billion....
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: Did NAMA change the repayment schedule as a result in terms of the percentages it wanted to pay?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Eoghan Murphy: The NAMA projections, as recently as last year, were also for growth of 2% in the economy. Is that correct?
- Public Accounts Committee: Business of Committee (26 Sep 2013)
Eoghan Murphy: Can we not wait for NAMA's annual report every year to call on it? We could call on it twice per year and still have a great deal of important work to do.
- Public Accounts Committee: Business of Committee (26 Sep 2013)
Eoghan Murphy: Is the report on NAMA's activities to which the Comptroller and Auditor General referred the first three year report?
- Public Accounts Committee: Business of Committee (26 Sep 2013)
Eoghan Murphy: With regard to the committee's work on NAMA, the Committee of Public Accounts is named in the legislation as the committee to which NAMA is responsible. It is also responsible to the Minister, and much of the Minister's dealings with it will happen behind closed doors, perhaps as they should. The Committee of Public Accounts is the one body which can publicly hold NAMA to account. The...
- Hospitals Building Programme (27 Mar 2012)
Eoghan Murphy: Will the Minister comment on recent remarks by the chairman of NAMA, Mr. Frank Daly, that NAMA is actively considering a number of potential sites for the proposed children's hospital? How will this fit in with the work of the expert group? Will NAMA come before the group with a recommended site or sites or will these be considered only after the current site is rejected, if it is? Is the...
- Written Answers — NAMA Portfolio: NAMA Portfolio (20 Sep 2011)
Eoghan Murphy: ...Gaeltacht, further to Parliamentary Question Nos. 32 and 36 of 11 May 2011, if the meeting with the National Assets Management Agency is taking place; and if he has any further information from NAMA on buildings that have no commercial potential. [24770/11]