Results 41-54 of 54 for nama speaker:Paul Murphy

Leaders' Questions (28 Jun 2016)

Paul Murphy: ...xe1;il? Second, given that the Irish State is, incredibly, not allowed, because of the EU fiscal rules, to spend the €5 billion in the Ireland Strategic Investment Fund or use the €2.4 billion in cash that NAMA has to build homes to resolve the crisis, does the Tánaiste agree that those rules have to be broken and should be dismantled? Does she agree that the need...

Housing and Homelessness: Motion [Private Members] (17 Nov 2015)

Paul Murphy: ...exist on a vast scale to provide decent homes for everybody, as outlined in the motion. The resources exist to do all of this. It is a question of mobilising the resources to address the emergency and of turning NAMA from a life-support machine for the developers into a democratic body with a different mandate to provide social and affordable homes. It is about the funds Deputy Coppinger...

Other Questions: Local Authority Housing Provision (5 Nov 2015)

Paul Murphy: .... The Minister has been blocked and even his minimal version of rent control has been stopped by Fine Gael. The Labour Party is simply going to accept that the landlord and developer profits and NAMA's rehabilitation of developers will take precedence over the right of people to have homes.

Building on Recovery: Statements (7 Oct 2015)

Paul Murphy: ...that for €10 billion of additional public investment, spread over three years - that is, a little less than €3.5 billion per year - we could build 100,000 homes and effectively clear the housing waiting list, together with the use of vacant properties and the resources of NAMA. In addition, we believe there is a need for further public investment based on creating decent...

Social Housing Policy: Motion [Private Members] (29 Sep 2015)

Paul Murphy: ...Burton, said there would be no case of homelessness due to the changes. That did not prove to be the case. We should examine the choices the Government continues to make in terms of not using the NAMA properties. One in eight hotels in this State is owned by NAMA and could easily be refurbished and used as decent emergency accommodation. Most crucially, the Government is tied to the...

Leaders' Questions (9 Jul 2015)

Paul Murphy: ...activists will take over, open up and bring people into National Asset Management Agency buildings. The crime in this case is that the State is not doing this with empty properties. Despite NAMA having control of 12% of hotels in the State, the Government has not opened these properties to deal with the crisis. It should then build homes to deal with the long-term housing and...

Leaders' Questions (9 Jul 2015)

Paul Murphy: ...City Council on Bolton Street, which was just left there. They have refurbished it and are opening it to house homeless people. If they can do that with no resources and as volunteers, given the hundreds of empty NAMA properties throughout the State and in south Dublin why cannot the State take the same action to provide emergency accommodation and social and affordable housing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Paul Murphy: ...for much longer. The 2014 accounts list the deferred taxation as an asset of €3.5 billion, and it is now listed as €3.24 billion. This is accumulated losses made from the transfer of loans to NAMA, as far as I know in particular, and in general-----

Written Answers — Department of Finance: Real Estate Investment Trusts (3 Feb 2015)

Paul Murphy: ...Asset Management Agency detailing their original owners; the buyers of same; the profits or loss on each transaction relative to the original face value of the loan; and the price for which NAMA purchased the property from the banks. [4840/15]

Topical Issue Debate: Homeless Accommodation Provision (2 Dec 2014)

Paul Murphy: ...circumstances of people in emergency accommodation. Dublin City Council paid €2.4 million last year to private hotels and other commercial entities for emergency accommodation at a time when NAMA is sitting on hotel properties that could quite easily be adapted and made accessible for homeless people.

Topical Issue Debate: Homeless Accommodation Provision (2 Dec 2014)

Paul Murphy: ...solution, including rent caps, rent controls and the building of significant amounts of social housing, and the short-term need to provide emergency homeless accommodation are not being addressed. NAMA owns 12% of all the hotels in the State. Homeless people are living in very difficult emergency accommodation where there are curfews and security personnel end up in their homes without...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Paul Murphy: I thank the NAMA representatives for the presentation. Question No. 15 concerns the number of developers retained since the establishment of NAMA and the salaries paid to them. There are 122 developers, and with around 95 paid over €50,000 and 50 paid over €100,000. Can Mr. Daly provide the justification for why working with debtors - who are basically failed developers - is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Paul Murphy: If there are K Club homes, the security is presumably with NAMA in preparation for sale.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Paul Murphy: Another point relates to a question asked by Deputy Michael McGrath. When selling assets, physical assets or loans, NAMA says it has no social requirement and does not care who gets the assets or what they do. I refer to the 90% of assets that go to US funds, a good portion of which may be vulture funds such as Blackstone or Lone Star, which may aggressively pursue debtors. Do the...