Results 17,021-17,040 of 35,894 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Let me tease through that. The owner of the data at the time in 2011-12 was who?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: AIB?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: What is it called?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: That is all I want to know. We are not saying the offshore subsidiary. There are thousands of offshore subsidiaries. Who owned the data?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: I know.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Let us go step by step through this. AIB Isle of Man owned the data. Was there a Revenue request for that data to AIB Isle of Man?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Never?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Not that Mr. Byrne is aware of. There was no request ever to AIB plc or any of the bank's other subsidiaries looking for that data from AIB.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Would Mr. Byrne be surprised to hear that Revenue did request that and AIB Isle of Man actually went to court to ensure that it did not have to provide that data?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: I thought Mr. Byrne was going to go into more detail. I will return to the question. Would Mr. Byrne be surprised if AIB Isle of Man went to court in the Isle of Man to ensure that it did not have to provide data to the Revenue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: At what point did AIB write to Isle of Man looking for data for Revenue? Ms Dooley has just told me there was never a request made by anybody.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: AIB plc wrote to AIB Isle of Man; was AIB plc asking them to provide the data to Revenue? Was it asking them, "What are you doing folks with your data that you are holding?" Was it asking it to consider sending it? Was it asking it not to consider doing so? What did AIB plc ask it in that letter at that time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: On foot of the Revenue request. We have just been told that there was no request.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: On foot of what? It was not a court order but what was it on foot of?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Not initiated by Revenue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Okay. AIB plc asked it to consider providing the data to whom?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Okay, and it responded that it would not and that it could not. It is a different legal entity, therefore, AIB plc had no power to ensure that it did provide that information. When did AIB Isle of Man lose ownership of that data? Who owns the data today?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: It still owns it today. It is still not under the control of AIB plc. That company is wound up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: AIB plc has no reach on them - no control, no nothing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Pearse Doherty: Who decided to wind them up or who made that decision, was it AIB plc?