Results 9,481-9,500 of 12,388 for speaker:Paul Murphy

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Paul Murphy: I suggest that Mr. Stanley investigate that because it indicates that staff were uncomfortable with what they were being asked to do. It also indicates that they had a better ethical approach than the management which was driving this process.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Paul Murphy: It is quite a coincidence that Ulster Bank took advantage of what it now says was an ambiguity in the terms given to people on tracker rates and that the other banks did so at the same time. Was there any communication between Ulster Bank and other banks on this issue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Paul Murphy: It just so happens that this standard practice, this ambiguity and this failure to think through knock-on effects had a positive effect on the bank to the tune of €100 million. We are expected to believe that it just so happened that the situation benefited the bank to the tune of €100 million and that nobody thought it through. Does Mr. Stanley understand how I find that hard...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Paul Murphy: They were right. Mr. Stanley has accepted that they were right. They did have a right to revert to a tracker rate.

Other Questions: Housing Provision (31 Jan 2018)

Paul Murphy: 90. To ask the Minister for Housing, Planning, and Local Government if a review of the affordable purchase scheme in order to use publicly owned land solely for social and affordable housing will be considered; and if he will make a statement on the matter. [4574/18]

Other Questions: Home Loan Scheme (31 Jan 2018)

Paul Murphy: 117. To ask the Minister for Housing, Planning, and Local Government if a review of the Rebuilding Ireland home loan scheme to improve its affordability will be considered; and if he will make a statement on the matter. [4573/18]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Common Consolidated Corporate Tax Base: Discussion (25 Jan 2018)

Paul Murphy: I welcome the witnesses and I very much welcome Mr. Tang's comments on radio this morning. Mr. Tang comes from the Netherlands and it is important that he is being honest about that country's role in a global chain of tax avoidance. We need to be honest about Ireland's role in that chain. It is tax piracy not only against other European states but also against less developed countries. It...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Common Consolidated Corporate Tax Base: Discussion (25 Jan 2018)

Paul Murphy: I agree with that. Transparency is key. We have argued that public, country-by-country tax reporting is necessary so that we see exactly what the corporations are up to. The reaction of the Government on the Apple tax does not reflect the attitudes of ordinary people. Ordinary people see that there is €13 billion available and wonder why it cannot be used in respect of the housing...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Common Consolidated Corporate Tax Base: Discussion (25 Jan 2018)

Paul Murphy: Again, I assure Mr. Tang that the attitude of many ordinary Irish people to Bono is that he should pay his taxes, which could then be used for necessary purposes. The Government points to the OECD because it does not want any action to be taken. It points to the most global level possible in an effort to push this issue to the never-never. We should take action wherever it is possible,...

Report of the Joint Committee on the Eighth Amendment of the Constitution: Statements (Resumed) (24 Jan 2018)

Paul Murphy: I was born in 1983 in the country of the Magdalen laundries, the Kerry Babies case, the case of Ann Lovett and many other horrors. It has been said in the debate that the past is another country, and this is true in some very important respects, most importantly in respect of people's attitudes to these issues. However, in legal terms, that country continues today with the eighth amendment,...

Written Answers — Department of Justice and Equality: Garda Reports (24 Jan 2018)

Paul Murphy: 92. To ask the Tánaiste and Minister for Justice and Equality if the report into the Jobstown protest which his Department received from An Garda Síochána on 26 July 2017 will be published; and if he will make a statement on the matter. [3544/18]

Written Answers — Department of Children and Youth Affairs: Departmental Funding (24 Jan 2018)

Paul Murphy: 151. To ask the Minister for Children and Youth Affairs her plans to lower funding or decrease staffing, including community employment schemes, to projects funded by her Department at a facility (details supplied); and if she will make a statement on the matter. [3565/18]

Residential Tenancies (Amendment) Bill 2018 Second Stage: Second Stage [Private Members] (23 Jan 2018)

Paul Murphy: It was Frederick Douglass who said: "If there is no struggle, there is no progress." It is incredibly relevant for those of us who want to see action to resolve the horror of the housing crisis. We need to build a movement of all those who are affected, that is, renters facing landlords who are hiking up rents and are out of control; people who cannot afford to buy a home; those on the...

Reception Conditions Directive: Motion (23 Jan 2018)

Paul Murphy: It was Tony Benn who said that the way a government treats refugees is very instructive because it shows how it would treat the rest of us if it thought it could get away with it. That is true, but it is a horrifying thought to think that the rest of us would be put in what, for those living in them, are open air prison camps where people have very little autonomy and very little control...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)

Paul Murphy: Will Mr. Byrne tell me how much AIB benefited in monetary terms from these decisions that led to scamming people either out of their right to a tracker or in terms of the wrong margin?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)

Paul Murphy: Please round that figure up. On the basis of the number of years this matter has been in operation, is Mr. Byrne saying that the bank benefited by around €100 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)

Paul Murphy: Will Mr. Byrne give me an overall amount that he thinks AIB benefited as a result of this matter?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)

Paul Murphy: Let us say it is €80 million, which is probably an underestimate. Is Mr. Byrne saying that it is a happy coincidence that the bank made a decision not to offer tracker mortgages which had unforeseen and unintended consequences in the form of a benefit to the bank of between €80 million and €100 million? Is the windfall purely a happy coincidence for the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)

Paul Murphy: To call it a very small mistake is really dangerous.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)

Paul Murphy: It is purely what Mr. Byrne has said. He minimised the issue. He has said that, in the context of all of the money that the bank has, it is not that much money and it is purely a coincidence that the bank benefited from the mistake. He said that, first, it is a coincidence that the bank made decisions that resulted in people not being entitled to go back onto tracker mortgages.