Results 21,221-21,240 of 23,109 for speaker:Paddy Burke

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: They took his pension in the dash for cash.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Was that the lump sum?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: It was the value of the pension.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Are there not stronger laws around the value of the pension and who owns it, as it is private property? How did the bank get its hands on the lump sum?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Was that determined in the courts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: He had to sign it over in the dash for cash.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: That is fine. With regard to default, valuations are carried out.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Who carries that out? The bank carried out its own valuations.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Does the customer have any say at all in the appointment of the person carrying out the valuation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Could the customer get an alternative valuation? That happened in some NAMA cases when the clients got agreement on who carried out the valuations.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Ms Lavin stated there were 200 staff affected by the receivership.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Who paid the redundancies? Did the Exchequer or the business pay that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Ms Lavin wrote to the Central Bank and the Financial Services Ombudsman.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: She was not happy with the responses she got from either.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: There was no reply.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: I, too, welcome the Commissioner. I ask her to repeat how this matter came to the attention of the Commission.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: What about the 19 other companies the Commission has investigated? Were they just unlucky to be investigated by the Commission investigated because of the Apple case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Would the Commission have opened investigations into some of them if they had been similar or the same as Apple?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Does the Commissioner have concerns about the United Kingdom leaving the European Union, specifically if it could provide state aid for companies and there was nothing the European Union could do about it? Is there anything it can do about it if the UK Government decides to provide massive state aid for companies that will decide to locate there for a year or two?