Results 3,541-3,560 of 16,285 for speaker:Peadar Tóibín

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: There is an element of that. There is no doubt in my mind that these transactions are carried out by human beings. These write-downs are delivered by human beings and we are all susceptible to different elements of individuals who stand before us. If a person has celebrity, political power or great influence in the community, those things can have an influence. I am trying to work out if...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Could Mr. O'Keeffe break down the 1,900 customers who received the significant 90% write-downs? How many were developers? How many were builders? How many were businesspeople? How many were farmers? How many were ordinary people who bought a couple of houses that were overpriced?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Could the committee get such a breakdown?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: I imagine it is skewed towards developers and people in that scenario, rather than Joe Soaps who have bought two or three properties.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Many people's mortgages were shifted to vulture funds or investment funds. Many of them are now paying exorbitant interest rates of 7%, which will shortly rise to 7.5%. Such interest rates can add up to €5,000 more to the annual repayments relating to a mortgage than would have been the case with those people's original banks. In banking in general, why would some people be shifted...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Is there a threshold by which a particular case, a number of cases or at least a policy is brought to the board for an understanding or a decision?

Ceisteanna ó Cheannairí - Leaders' Questions (1 Mar 2023)

Peadar Tóibín: It is important to repeat that the information we received is characterised that these 3,500 people who died contracted Covid in a nursing home or in a hospital. Out of respect to those people who have lost loved ones, they should be entitled to the truth and entitled to justice in relation to what happened them. They want information here. They do not want a nebulous review or inquiry....

Ceisteanna ó Cheannairí - Leaders' Questions (1 Mar 2023)

Peadar Tóibín: What about all the Airbnbs?

Ceisteanna ó Cheannairí - Leaders' Questions (1 Mar 2023)

Peadar Tóibín: That figure is 600.

Ceisteanna ó Cheannairí - Leaders' Questions (1 Mar 2023)

Peadar Tóibín: Information given to Aontú by the HSE shows that well over 40% of Covid-19 deaths in Ireland are linked to hospital or nursing home outbreaks. That is 3,500 people who died because they contracted Covid-19 in a nursing home or hospital. For example, these are people who went into hospital with a broken leg and came out in a coffin. It is a human disaster of enormous proportions and,...

Future of Regional Pre-Hospital Emergency Care: Motion [Private Members] (1 Mar 2023)

Peadar Tóibín: Cuirim fáilte ollmhór roimh an rún Comhalta Phríobháidigh seo ón nGrúpa Réigiúnach. An cuspóir atá ag an rún seo ná cabhair a thabhairt d'othair agus do dhaoine atá i gcruachás san áit ina bhfuil siad chun cabhrú leo leigheas a fháil agus a gcuid saolta a shábháil gan brú a chur ar...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: Míle buíochas leis na finnéithe as teacht anseo inniu. Tá fáilte rompu. A question was asked about who regulates the regulator. My instinct is that it is meant to be our job to regulate the regulator. I do not believe that we, as Deputies, have done that job properly. The most frustrating thing about this is that none of it has happened by accident. This is all...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: It is in the DNA of at least one of the Government parties not to interfere with the market in any way whatsoever. There is almost a laissez-faireattitude to the effect that the market will right itself. Mr. Kissane alluded to the fact that some of these contracts were agreed and that they might come a cropper in the context of any new legislation. In other words, if new legislation is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: In other words, the primary legislation might come a cropper in the context of contracts that have already been agreed and it would follow that those contracts would come within the remit of that legislation. A regulation could change, and all contracts would have to be in compliance with that regulation. We could achieve the same thing in a regulatory fashion. This would mean that we...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: Absolutely. Mr. Hall mentioned something I have also heard. I have dealt with more than 400 families who have been in mortgage distress and have helped them to negotiate with banks and vulture funds. Sometimes we get mixed results from our dealing with the banks. Sometimes we also get mixed results from our dealings with vulture funds. Mr. Hall referred to two people who, by means of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: I understand that, but I believe there is a sense of justice involved as well.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: If a family have been put to the pin of their collar, if they are in danger of losing their home and if the interest rate that is set is dependent on the price that was paid, in order for me to be able to negotiate - as I do at times - with the bank, if I know what was paid for the loan, it helps with the negotiation. Maybe it helps in my mind but does not in real terms.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: I am interested in Mr. Kissane's view on full-term, fixed-interest mortgages. How would that work in light of the fact that a bank will have fluctuating interest rates that it would have to deal with over a given period? Would such a mortgage be on the basis of the initial interest rate and the initial loan being achieved at a certain level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: It is clear that there is a two-tier mortgage market at the moment. There is no doubt that the people who went through the most difficulty in the past ten years are again being put to the pin of their collars. I do not believe there is anything being offered by the Government. The Government is not defending them. The Central Bank is not defending them. Nobody is protecting them. The...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Climate Change Policy (28 Feb 2023)

Peadar Tóibín: The trust of farmers in this Government is very low and I will tell the Minister of State why it is low. We have a supply chain in agriculture at the moment that usually consists of a farmer, maybe a factory, and a supermarket. Agriculture is enormously profitable in this country but all of that profit lands in the last two elements of that supply chain. The factories and supermarkets are...