Results 21-40 of 101 for nama speaker:Mark Daly

Seanad: Local Government Reform Bill 2013: Second Stage (16 Dec 2013)

Mark Daly: Senator Coghlan has the hotline from NAMA.

Seanad: Order of Business (16 Dec 2013)

Mark Daly: I support the amendment to the Order of Business so that a Minister can come to the House to see if the Government knows what is going on in order to have transparency in NAMA.

Seanad: Order of Business (16 Dec 2013)

Mark Daly: I second the amendment to the Order of Business that a member of the Government come to the House today to discuss the revelations in relation to NAMA. I thank my colleague, Senator O'Brien, for raising this issue which I have raised on a number of occasions in the House. This is a serious issue. It has been in the ether for a long time that former developers have been benefiting in terms...

Seanad: Order of Business (16 Dec 2013)

Mark Daly: I am asking the Leader about issues which I have raised previously in relation to lands that have been sold not only below market value but for less than that for which they were sold to NAMA. Properties for sale to developers or people in the know are not being made available to the public by way of list or advertisement in the newspapers and so on. We previously asked in the context of...

Seanad: Order of Business (16 Dec 2013)

Mark Daly: What we need in NAMA is transparency for the good of NAMA, the taxpayer, NAMA employees and for the betterment of the structure of NAMA.

Seanad: Order of Business (18 Jun 2013)

Mark Daly: Senator Coghlan's parliamentary colleague has made him aware of the problems with NAMA but he refuses to listen.

Seanad: Order of Business (18 Jun 2013)

Mark Daly: His coalition colleague, Senator Higgins, has raised the issue and everybody knows the taxpayer is at a loss in the way NAMA is selling its properties because it is not doing it according to the legislation and in an open and transparent manner. I support my colleague in calling for a debate on mortgages. The new code of conduct is coming out tomorrow and it will be a charter to terrorise...

Seanad: Order of Business (18 Jun 2013)

Mark Daly: The NAMA transparency Bill.

Seanad: Order of Business (18 Jun 2013)

Mark Daly: I propose an amendment to the Order of Business that the National Asset Management Agency transparency Bill be taken today in the light of the fact that former employees of NAMA are threatening Members of the House. Mr. Paul Hennigan was employed by NAMA and went to work for an asset fund in London. Part of his job-----

Seanad: Order of Business (18 Jun 2013)

Mark Daly: ...for any member of the public to try to prevent a Member of this House from doing his or her job, whether in raising issues of concern or a loss to the taxpayer. I fail to understand how NAMA has not included a clause in its employment contracts that employees who leave to work in other areas are not able to work in areas in which they could utilise sensitive information available to them....

Seanad: Adjournment Matters: Upward-Only Rent Reviews (10 Oct 2012)

Mark Daly: I know. However, one must be destitute, in a commercial sense, to be in NAMA and then one might get a rent reduction. There is no legislative requirement for upward-only rent reviews in leases, as was said in the Minister's reply. However, it was stated in the manifesto that there would be legislation against this. I thank the Minister for coming to the House to clarify the issue. It is...

Seanad: Adjournment Matters: Upward-Only Rent Reviews (10 Oct 2012)

Mark Daly: ...the infringement of rights. I know the reply was written by the Department of Justice and Equality. It is disturbing that it is included in the reply that if one is lucky enough to be in a NAMA property, one might get a rent reduction.

Seanad: Order of Business (9 Oct 2012)

Mark Daly: Will the Leader allow time for the reintroduction of the NAMA and Irish Bank Resolution Corporation Transparency Bill 2011? As of August, 2,500 properties had been sold by NAMA for ¤4.6 billion, yet the Minister for Finance is unable to tell us how many of those were sold in an open and transparent manner. NAMA refuses to tell him how many were put on the market, publicly advertised or...

Seanad: Order of Business (9 Oct 2012)

Mark Daly: NAMA paid ¤32 billion for those properties-----

Seanad: Order of Business (9 Oct 2012)

Mark Daly: NAMA paid ¤32 billion for those properties, yet we do not know and the public is not told how many of them have been sold in an open and transparent manner, as is required under the NAMA legislation.

Seanad: Order of Business (9 Oct 2012)

Mark Daly: -----why NAMA is not selling property in an open and transparent manner. Under the legislation, NAMA must sell those properties as if they were State assets, which must be sold by auction or tender. As Senator Paul Coghlan is aware, most of the time we only find out after the event that properties have been sold. In some cases, the people who took out the large loans in the first place are...

Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)

Mark Daly: ...the Minister for his reply. I am not happy that the Government has come up with a number of reasons that, in themselves, are at variance with some of the facts. As I and colleagues have outlined, NAMA proposed a website six months after I proposed it but it is limiting its one only to properties of which it has taken title control. That represents a very small fraction of all the loans...

Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)

Mark Daly: I not only have correspondence, I have had meetings with it. It said it had nothing to do with it. British Land states that NAMA had given agreement for the sale to go ahead. McAleer and Rushe which owes the Irish taxpayer money will make a profit from this land even though it still owes us €28 million. I ask Senator Coghlan to outline how that is in the best interests of taxpayers....

Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)

Mark Daly: ...important legislation and I ask the Minister to consider it thoroughly. The people of Ireland must have confidence in institutions of the State. On 20 February 2012, the Financial Times described NAMA as one of the largest property companies in the world. On 26 January 2011, I raised this matter first in this House with the then Minister for Finance, Deputy Brian Lenihan, when I...

Seanad: NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage (6 Jun 2012)

Mark Daly: ...said: We repurchased approximately 50% of the value it previously sold for in 2004. We structured a three-way deal to purchase the site from McAleer and Rushe, Bank of Ireland, with the consent of NAMA", [ I ask Senator Coghlan to note]. This acquisition has already performed very well. Since purchased the valuers have increased the site value by 52%. This is in one year. Does this...