Results 21,681-21,700 of 26,157 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of 2014 Pre-Budget Submissions: Discussion (11 Sep 2013)
Kieran O'Donnell: Why not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: If I may comment, as a group we agree with the thrust of what Deputy Dooley proposes, but we would have liked clarity. What we put forward was reasonable and what Deputy Pearse Doherty put forward was reasonable. In that spirit, we abstained on the vote. I propose that this letter go to the Minister forthwith and we will await the response so that we can get down to the work of the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: Clarification on points.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: On a point of clarification, people may agree with the substance of the motion. Can Deputy Dooley propose an amendment to the motion prior to it being taken?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: Do we have to take the motion in its entirety?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: I think the general view is that the first two paragraphs are reasonable. I think the final paragraph may be unnecessary-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: Can Deputy Dooley put forward a proposal?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: It is regrettable that even though there is general consensus among the members about the subject, Deputy Dooley is pushing a proposal to a vote. Some of the language is unnecessary and takes from the overall motion.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: It is important that the message go out that the committee is in favour of the general proposal. Deputy Dooley's pressing of the motion to a vote goes against the spirit of the work of the committee over many years.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: That is great.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: I think there is general consensus on this among committee members. Would it be possible to draft a letter to the Minister requesting what the committee is seeking? Such a letter can go back to the members and we can agree what will go forward. As a committee we have taken a cross-party consensus approach. Perhaps Deputy Dooley would consider the drafting of a letter. From what Deputy...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: Deputy Dooley and I know each other reasonably well. What I am proposing is very straightforward. I have been on committees over many years and this is normally the format. The Deputy is well aware of that. We are all in agreement. We need to be clear about what precisely we are looking for. A letter can be drafted this morning effecting the agreement and it can go today. I think that...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Business of Joint Committee (11 Sep 2013)
Kieran O'Donnell: I would like to make an observation. A letter has come back from the Minister for Finance and I suggest that a letter should be sent from the committee, taking both suggestions into account. I suggest the committee should agree that is what should happen now.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: How much has PTSB written off in 2013 to date?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: How much has PTSB set aside for the write off of mortgages in provisions?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: But PTSB will write off mortgages.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: I want to delve into the figures we have been provided with. Slide No. 1 sets out what was provided in the return to the Central Bank. How many of the 1,600 legal proceedings set out on the slide are expected to end up in repossessions? Slide No. 2 outlines PTSB's overall business. Does it include customers fewer than 90 days in arrears?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: How many of the 21,600 customers listed for the end of September are in arrears for 90 days? The return on assisted voluntary sales was 800, which makes up 12% of the 6,650 figure returned to the Central Bank, went up to 1,000 at the end of June and between June and the September it increased by 100% to 2,000. That equates to 500 repossessions or assisted sales per month, which is a very...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: How much is being lost on the tracker loan book? My question is related to the issue of viability. Is PTSB engaging in writing off mortgages?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Kieran O'Donnell: How many of those are expected to end up in repossessions?