Results 61-80 of 386 for nama speaker:Catherine Connolly

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: But NAMA is not using that figure in its computation. It is using the market value, €26.2 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: Could Mr. McDonagh explain why NAMA is using that value when it did not pay that? It paid a much higher price.

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: ...x20ac;31 billion is paid but the property at market value is €25 billion or €26 billion. There are all these games around it in the inner circle but in the meantime we have a major housing crisis while NAMA's raison d'êtredepends on property values increasing. I am repeating myself from this morning but really, it is extraordinary. Returning to Project Nantes, Mr....

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 had concluded on that issue and Deputy MacSharry followed up on it. I understood from that discussion that NAMA had only become aware of a possible conflict of interest. I have since looked at Dáil questions and they go back to at least July 2017, if not earlier. A question was also asked in July 2018. The Minister's reply states: "I am advised by NAMA that it is satisfied that 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: ...interest. I refer to Parliamentary Question No. 179 which asked if the Minister's attention had been drawn to a conflict of interest. That question was put down and answered in July this year. NAMA was fully aware of the issues relating to a conflict of interest and value for money.

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: Sorry, NAMA was alerted to the issues being raised by a Deputy.

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: ...out clearly. Issues have been raised through Dáil questions in relation to this particular project and, in particular, to value for money and a conflict of interest. Is it not correct that NAMA was aware prior to today that those issues had been raised?

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 certainly will but I am not asking him for details on this. I am simply trying to clarify that NAMA was aware of the questions before this morning.

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 he was not aware and was going to go away and look. Maybe I misunderstood him. I am not talking about any extra piece of information. I am not privy to anything. I am talking about NAMA's awareness in terms of parliamentary questions of concerns expressed, not to NAMA, but to the person putting the questions.

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 the issue of rent, the National Treasury Management Agency, NTMA, was before us, and NAMA is in the same building as the NTMA. 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: NAMA pays €2.1 million rent per year?

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: ...building up. There was a housing crisis well before 2014. In fact, it deepened in 2013 or 2014 when the housing assistance payment, HAP, became the only game in town. That has nothing to do with NAMA except the more rented buildings that it makes available, the more that HAP is used. A total of €300 million has been spent this year on HAP. This housing crisis has happened over...

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: ...49.9% of Galway people rent. There are no properties available, there is no public housing and there is a massive waiting list. By any stretch of the imagination we have a major crisis. What was NAMA's engagement with Galway city and county? Were they among the local authorities that did not take up the agency's approach?

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: Did NAMA have houses in Galway city and county as one of the major centres of a crisis?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Catherine Connolly: Is NAMA paying €1 million as well?

Financial Resolutions 2018 - Financial Resolution No. 4: General (Resumed) (11 Oct 2017)

Catherine Connolly: ...it can be claimed that it will do better. The message from the 22 pages is that we must not distort the market at any cost. In fact, it is spelled out on one of the pages. That is when the Minister refers to NAMA having a major role. NAMA, an organisation that had an integral role in the housing crisis, is now being given a role in the solution to the crisis it caused. The Minister...

Public Accounts Committee: Business of Committee (13 Jul 2017)

Catherine Connolly: ...not say anything about content. To be fair, the letter writer states that he notes from coverage that the report will be made. On a general level, perhaps on the question of issuing the report, NAMA asked for a report and various other groups have asked for a report. What needs to be clarified by the Chair is the procedure in regard to when we produce a report. Any organisation is...

Public Accounts Committee: Business of Committee (13 Jul 2017)

Catherine Connolly: NAMA asked us for the report and we went through the procedure. We need to clarify publicly the procedure when we are doing reports. That might be helpful.

Public Accounts Committee: Business of Committee (22 Jun 2017)

Catherine Connolly: "Project Shift" might be an appropriate title for the whole project of NAMA.

Public Accounts Committee: Business of Committee (25 May 2017)

Catherine Connolly: ...in context. That is just by way of example. We could go on forever talking about leaks to the papers. We should have as few private meetings as possible. That was my practical suggestion for NAMA. That way, everything would be discussed openly with no need for leaks. On the more delicate correspondence, Deputy McDonald is right.