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Results 401-420 of 1,046,925 for in 'Dáil debates' OR (speaker:Ciarán Cuffe OR speaker:Pauline Tully OR speaker:Jack Chambers OR speaker:Rose Conway-Walsh OR speaker:Bernard Durkan) in 'Committee meetings'

Ceisteanna ó Cheannairí - Leaders' Questions (18 Sep 2024)

Simon Harris: I thank Deputy McDonald for raising this important issue. I will say at the outset, as the Ceann Comhairle has said to us before in this House, I am very conscious of discussing clinical details or, indeed, those of us discussing them who are not clinicians. I say that in a general sense but I say it in an important sense because Deputy McDonald asked me to provide operations when, of...

Prelude (18 Sep 2024)

Prelude (18 Sep 2024)

Chuaigh an Ceann Comhairle i gceannas ar 2 p.m.

Prelude (18 Sep 2024)

Prayer and Reflection.

Prelude (18 Sep 2024)

Paidir agus Machnamh.

Gnó na Dála - Business of Dáil (18 Sep 2024)

Gnó na Dála - Business of Dáil (18 Sep 2024)

Seán Ó Fearghaíl: I welcome you all back. Apologies that the bells did not ring. Members might indulge me for a moment because I am conscious we are facing into an extremely busy parliamentary schedule with a number of very important items of business over the next number of weeks. Before we begin today's session, however, it would be remiss of me as Ceann Comhairle not to make a few remarks on the issue of...

Gnó na Dála - Business of Dáil (18 Sep 2024)

Mattie McGrath: On your bikes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: NAMA was supposed and intended to make a profit from day 1. It was expected. To what extent has that profit been realised?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: Has that been in accordance with revised expectations, given the conditions under which NAMA was introduced and the discussions that took place in this House during that period as to the alternative viable options? Does it still remain the best option?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: The actual profit outturn is about €5 million.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: I accept that is a reasonable conclusion but the circumstances in which the financial collapse took place meant an awful lot of business people, big and small, ordinary householders who had borrowed and so on, lost everything and were squeezed to the limit. They continue to be squeezed as a result of the financial crash. I realise that the moneys have to be found somewhere and that the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: The banks that were in difficulty after the financial crash subsequently sold their loans on to vulture funds, for want of a better description, or other funds. Two questions arise. First is the question as to the number of people who were in NAMA, or forced into NAMA, who claim they should never have been there. There are some people who are in NAMA who were borrowers beforehand and who...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: The borrower suffered immensely as a result. The emphasis was on clearing up the mess at huge expense to the borrowers, who borrowed on the basis of the financial, fiscal and lending policy at the time, which was created by the lending institutions themselves. There are those who will say they were caught between a rock and a hard place and they paid the penalty, whereas those who erred...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: A new aggression has been adopted by what I call the enforcers in the funds or agencies right now. They apparently feel the time has come for them to show real resolution in their efforts to ensure the borrower coughs up, sells their home, gets out on the road and becomes homeless or whatever the case may be. The level of aggression that has taken over in recent months is unacceptable....

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