Results 2,561-2,580 of 7,789 for speaker:Michael Fitzmaurice
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: If a Minister needed to meet someone at the weekend, early in the morning or late at night, did Mr. Smyth check to see if departmental staff would be available at all times, if required?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: Does Mr. Smyth know if they were available?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: On a Saturday, a Sunday or any day.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: The metropolitan area networks, MANs, contract had been awarded to Enet six or seven months before. I believe the Department awarded it to 2030 without a procurement process. Did Mr. Smyth look into that matter or did he believe it might have been better to engage in a procurement process?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: Was there not an option to engage in a procurement process?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: I am not asking Mr. Smyth to nail it down in pounds, shillings and pence, but does he believe broadband can be delivered as part of the current process? Also, does he believe we will achieve value for money or that it will cost a good deal more?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: Review of Procurement Process for National Broadband Plan: Discussion (6 Dec 2018)
Michael Fitzmaurice: I thank Mr. Smyth.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: Three or four months ago, or maybe longer, Permanent TSB decided to take this approach. When it decided it would take 66%, did it at any stage consider writing to customers to ask whether they had families, friends or anybody else who would be interested? For example, a mortgage worth €300,000 would become €200,000. Could the mortgages not have been offered to the ordinary...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: For the customers of the bank who had deals with it, was there any stage, given that it was prepared to take 60% of the overall debt, when the bank contemplated writing to those people to ask them whether anybody belonging to them was in a position to get his or hands on that type of money in the full and final settlement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: Is it a better outcome if people lose their house down the road than if a family or somebody else can help them when they are going for a loan that costs 33% more?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: From what I heard earlier, Mr. Masding said the Minister for Finance and the Department of Finance gave the bank the go-ahead to take this approach.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: Was there any objection from the Minister for Finance?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: I am asking a simple question. Was there any objection from the Minister for Finance or his Department to the loans being sold on?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: There are people who entered an agreement with the bank that requires six payments before they receive their overall decision on the length of time or the agreement that will be put in place. How does that stand? Who will make a decision on it? Is it Mr. Ryan or Permanent TSB? In June or July, people were told that if they made six payments, they would get a deal for whatever length of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: I turn to selling houses, because I happen to be selling a house with a distressed mortgage. The committee was told that to get agreement after the bank announced the sale of the loans, the seller had to seek agreement from the buyer of the loan. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: It is a simple question. Project Gloss will work the same way in six months' time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: If somebody was negotiating with the bank for a loan because he or she was selling a house, before it fully goes through a few months later, which is how long it takes, who will make the decisions? Before the bank takes the price that is offered for the house, is there an obligation on the bank to contact Mr. Ryan? We will work on this question since Mr. Masding does not wish to work on the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: So Pepper would be making the final decision.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Michael Fitzmaurice: The word "consult" has been used again. Everyone is being consulted, but who is making the decision?