Results 21-40 of 386 for nama speaker:Catherine Connolly
- Public Accounts Committee: Business of Committee (15 Nov 2018)
Catherine Connolly: Not alone should NAMA know that but it has a duty to explain to us. We are not here to go through something minutely to try to find details. The onus is on every organisation that comes in here to disclose to us that everything has been done properly. It is being pushed the other way.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 13 - Office of Public Works
Chapter 6: Lease of Offices at Miesian Plaza (11 Oct 2018) Catherine Connolly: ...have read everything at this point. One could have a sense of being overwhelmed. I will deal first with the problem relating to the extra €300,000 per year as a result of miscalculations. It reminds me of when NAMA came before us and the debate was pushed into what was the appropriate percentage to use, which is not really relevant. What has happened here is that there was a...
- Written Answers — Department of Housing, Planning, and Local Government: NAMA Social Housing Provision (27 Sep 2018)
Catherine Connolly: 41. To ask the Minister for Housing, Planning, and Local Government the number and location of all properties conveyed by NAMA to Galway City and County councils; and if he will make a statement on the matter. [39087/18]
- Public Accounts Committee: Business of Committee (20 Sep 2018)
Catherine Connolly: I did not give serious consideration to this issue until now. I was trying to get my head around NAMA, the correspondence and many other items. I was aware that the Chairman had received requests. I have listened carefully to the discussion and I am now moved to say we should have a discussion on this matter because I have not been convinced by the arguments against doing so. The level...
- Public Accounts Committee: Business of Committee (20 Sep 2018)
Catherine Connolly: What is the Chair going to say about NAMA being off the State balance sheet?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I am not sure what world I live in, but it is a different world if NAMA is celebrating the continuous rise of property values. Is Mr. McDonagh doing that?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I spent time looking at this and I am trying to understand it. NAMA was set up to buy some of that debt from the banks.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: NAMA bought it for €31.8 billion.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Okay, we will not argue over the exact amount. The market value of the debt was lower, such that NAMA paid €5 billion plus more for it-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: NAMA took on that debt under the Act, with a number of objectives, including to protect the taxpayer and to provide some socioeconomic return.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: That is not my question. My question is about the purposes of NAMA and, in particular, the one about which Mr. McDonagh did not tell me. Will he tell me about it?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: ...of credit. The section also refers to protecting the interests of the taxpayers and contributing to the social and economic development of the State. On the last objective, how many times has NAMA received directions from the Minister in that regard?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: NAMA has never received a direction from the Minister in regard to the social and economic development of the State.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Okay. Sometimes, Mr. McDonagh comments and other times he does not. He should not be commenting, really. NAMA believes it has done really well. It is clapping itself on the back for having made a profit and it is going to return €3 billion plus to the Exchequer in 2020. Is that correct?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Is that the figure NAMA is expected to------
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Is that the same money that NAMA will give back to the State in 2020? In other words, is the figure referenced at the end of 2016 as a gain-profit-----
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: On matters reported to the Garda, the Comptroller and Auditor General states at section of his report that NAMA has made three formal complaints to the Garda National Economic Crime Bureau. Where are we in relation to that?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: How did NAMA identify those debtors?
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: I am not trying to get numbers as such. There are three cases with the gardaí and other cases have been sorted out between NAMA and the debtors in question.
- Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) Catherine Connolly: Of the banks whose debts we took, AIB and Bank of Ireland are the two dominant ones that have survived. NAMA pays service charges to them.