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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

Paddy Burke: Is there any link between vulture funds and banks at board level? I refer to people who make the decision for the banks that they have to sell on their non-performing loans, NPLs?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

Paddy Burke: Some years ago, people took out insurance with their mortgage in case they lost their job or whatever. Have the witnesses come across cases of insurance companies not paying out when people lost their homes because they had lost their job and were not able to pay their mortgage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: I welcome the witnesses. I wish Ms Howard well in her new job. It is important that we have a strong banking sector in the country. I have two brief questions. The witnesses said their two-year and four-year fixed rates are the lowest in the country and that they have a new portal that will help to change mortgages from two to four or whatever. That is welcome. They also say that they...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: I do not have any particular cases but was wondering about the issue because in some cases the property tax is quite significant, maybe more so than insurance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: Is there any contact between the bank and the Revenue Commissioners about the level of property tax or costs in particular areas?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: The second relates to the sale of portfolios to vulture funds. It has been brought to my attention in some cases that where the loans are being sold and where the vulture fund wants to get vacant possession, be it through eviction or the sale of the home, in some cases, it is the bank - Ulster Bank in this case - rather than the vulture fund that serves the eviction papers on the client....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: When Mr. Stanley says Ulster Bank is still servicing the loan even though it has sold it-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: In all cases, when the bank sells the loan, it is finished. It hands over the deeds and everything to do with the loan within a certain period of time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: If the bank has to serve papers relating to court proceedings, does it charge the vulture fund or is there a quid pro quobetween the two?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: Are restructured loans being sold?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)

Paddy Burke: Who pays the piper when an ATM is stolen? Who is at the loss when an ATM is stolen from a bank or a supermarket and there is money in it? The ATM provides the facility to all the banks so is there a joint payment in these cases or is it the individual bank?

Seanad: An tOrd Gnó - Order of Business (28 May 2019)

Paddy Burke: I congratulate everyone who put their names forward for the local elections and the European elections. It takes great courage to put one's name before the public. I congratulate those who were successful and wish the best of luck to those who were not successful on this occasion. I support the call for a debate on reform of the electoral register. We have heard many issues raised in...

Seanad: An tOrd Gnó - Order of Business (28 May 2019)

Paddy Burke: We could have more than 1 million people voting on some panels and more than 40 candidates. One can imagine the logistical problems that would arise with the size of the ballot paper and the size and number of the counts. If we had an election of that sort now, the count would not be over until Christmas. Lessons can be learned from the elections last weekend, both for the electoral...

Seanad: An tOrd Gnó - Order of Business (28 May 2019)

Paddy Burke: That is what he said.

Seanad: An tOrd Gnó - Order of Business (28 May 2019)

Paddy Burke: I hope those involved in the elections will learn some lessons from them. I support the call for a debate on the matter and I ask the Leader to bring in the Minister of State at the earliest opportunity.

Seanad: An tOrd Gnó - Order of Business (29 May 2019)

Paddy Burke: I would like to raise an issue I raised previously regarding Dublin Port. We have seen how the port will either limit or stop tourist cruise ships from coming into the port. This is because of space at Dublin Port. It is worse than that, and we need the Minister for Transport, Tourism and Sport, Deputy Ross, to come to the House to discuss Dublin Port. The port does not start loading...

Seanad: Farm Safety Agency Bill 2018: Second Stage (29 May 2019)

Paddy Burke: I thank Senator Reilly for sharing time to allow me to comment on this important issue. I was part of a delegation from the transport committee which went to Australia in 2004 in advance of the establishment of the Road Safety Authority. Australia was the world leader on road safety at the time, and probably still is, and we brought back the information we gathered there and presented it to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (Tax Appeals) (Amendment) Bill 2019: Discussion (30 May 2019)

Paddy Burke: I welcome Ms Donaghy. I have one or two questions about the proposed legislation. Does Ms Donaghy's remit involve the Department of Employment Affairs and Social Protection, which has a financial aspect to it that is perhaps within the Department of Finance? Does that come under the Department of Finance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (Tax Appeals) (Amendment) Bill 2019: Discussion (30 May 2019)

Paddy Burke: On the social protection aspect, employers must pay two weeks' redundancy pay for each year of service to staff they make redundant. I do not know when exactly the measure was brought in but during the downturn, when companies and sole traders got into difficulties, there was a clawback on the two weeks' pay per year from the Department. The Government or the Department of Finance or...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (Tax Appeals) (Amendment) Bill 2019: Discussion (30 May 2019)

Paddy Burke: The Tax Appeals Commission has a very narrow remit.

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