NAMA should sack Poolbeg receiver for reneging on social housing commitments

The Workers’ Party have called on the Minister for Finance to instruct NAMA to sack the receiver appointed to a number of portfolios, including the land bank at the former the Irish Glass Bottle site. The calls comes following the receiver’s decision to renege on an agreement reached with Dublin City Council, that 30% of housing on the site would be social and affordable.

Cllr. Éilis Ryan of the Workers’ Party said:
“Councillors received notice today (Tuesday) that the council’s senior executives intend to enter into fresh negotiations with the receiver (David Carson, for Deloitte) on a new deal on affordable housing for the Poolbeg site.

“They are either naive or complicit if they believe they can possibly work in good faith with a receiver who has so blatantly reversed an agreement reached with Dublin City Council so recently in the past.”

The Workers’ Party councillor continued:
“The receiver’s remit is to deliver the best return for the state. By reneging on an agreement which it had itself negotiated with Dublin City Council, the receiver has shown itself to be wholly untrustworthy in terms of delivering in the interests of the state.

“As an elected member of the City Council, I believe any attempt to re-engage in negotiations with the receiver is at best foolish, and will not deliver results in terms of public housing.”

Cllr. Ryan concluded:
“I am calling on the Minister for Finance to instruct NAMA to immediately dismiss the receiver, on the grounds that they can no longer be trusted to act in the state’s best interests.”