Results 1-4 of 4 for nama segment:8422211

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Richard Boyd Barrett: ...possibly more, because many of the residential developments - estates or multiunit complexes - that are likely to be or known to be affected by these building defects may have been handed over to NAMA, which is a creature of the Department of Finance. Carrickmines Green is one such example of that. Indeed I have submitted questions to the Minister on it and I have raised the issue in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: ...that the receiver, in his capacity as an agent of the developer and without any legal obligation or requirement to do so, has carried out substantial remediation works to the development that is funded NAMA, certification of which has been provided to the local authority. I also understand there is substantial litigation on the way with regard to this property and NAMA is not party to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Richard Boyd Barrett: I have never accepted the argument about the independence of NAMA. The mandate of NAMA was set by Government and by legislation and Government can change that mandate. On other matters, I long thought it should change that mandate but this issue is a very big one and everybody acknowledges that. It is not certain precisely how we would go about giving redress to people; it could be through...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: ...and maybe provide some guidance on how we can bring this work, and this matter, to a better place. On the general point that Deputy Boyd Barrett raised with me regarding changing the mandate of NAMA and my playing a role within it, I am afraid on this particular matter I very respectfully disagree with Deputy Boyd Barrett. I really believe that even in the most difficult of...