Results 7,861-7,880 of 26,737 for speaker:John McGuinness
- Written Answers — Department of Employment Affairs and Social Protection: Invalidity Pension Eligibility (26 Jun 2018)
John McGuinness: 553. To ask the Minister for Employment Affairs and Social Protection if a person (details supplied) has enough contributions to apply for an invalidity pension. [27780/18]
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Today we have representatives from Allied Irish Banks with us. I welcome Mr. Bernard Byrne, chief executive officer; Mr. Jim O’Keeffe and Mr. Tom Kinsella. The meeting has to conclude at 11.30 a.m. so I ask members to bear the tight timeframe in mind when they are making their contributions. I acknowledge Ms Alex Malone and Ms Thea Malone in the Public Gallery. They are daughters...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Senator Horkan is next.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: In Mr. Byrne's opening statement he set out the argument for the increased costs in the area of interest rates and the regulatory requirements which are designed to make sure we do not have another bust, including the need to be well capitalised. He spoke about security and stated:If that security is undermined, the costs to all other borrowers are impacted. Defaulting customers, and indeed...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: There is no need to apologise. It is a conversation we all need to have from time to time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Mr. Byrne mentions defaulters and litigation, with people trying to defend themselves. Many are lay litigants. That is part and parcel of what we must deal with and what was created by the bailout and the behaviour of banks. In the court case that was decided yesterday Allied Irish Banks suggested that a previous decision might be misinterpreted and relied upon in future litigation and...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Senior counsel for Allied Irish Banks made the arguments about chaos and the €7.8 billion. The bank must have some concerns.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: We will leave that issue there. What is the updated position on EBS agents?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: EBS had agents.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: It had agents. There is the matter of EBS, its agents, how they were represented and the case that is ongoing with Mr. Byrne's bank.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: The agents have written to us and I want to ask about them. We agreed earlier to invite these agents to make their case to the committee. Apparently, they reached some form of agreement or understanding with EBS before EBS was taken over by AIB, however Mr. Byrne wants to describe it. Will EBS resolve that with its agents without any intervention from AIB or does AIB have a concern around...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Will the witnesses check out the position and revert to the committee on it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: It is the same issue and the agents are still anxious to bring it to an end. To that end, they asked to appear before the committee and we have agreed to a meeting. In that context, I ask the bank to give us its view on the matter.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: We are trying to have it revisited.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: I ask the witnesses to look at it and come back to advise us as to a "Yes" or "No".
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Deputy Doherty mentioned that Mr. Drumm is in a prison cell. I mentioned Ms Yvonne Walsh and her case but I will not ask the witnesses about it. Members of her family are here today watching proceedings. Much of what is happening in the courts could be avoided by people engaging with the banks or vice versa. I am not referring to the pros and cons of the case itself. I am just making the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Time, Senator.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: I am sure that it was not us that Mr. Byrne was talking about.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Deputy Micheal McGrath wants to come in again and then I will Deputy Mattie McGrath
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: We cannot deal with individual cases.