Results 4,081-4,100 of 36,082 for speaker:Pearse Doherty

Written Answers — Department of Finance: Banking Sector Remuneration (24 Jan 2013)

Pearse Doherty: To ask the Minister for Finance when the Mercer report on bankers' pay will be published. [3481/13]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: I welcome the delegates. The most recent European Commission report on Ireland, which has appeared on thestory.ie, states the Government is in negotiations on OMT and other options to provide assistance for the State to access the markets into the future. Will Mr. Corrigan set out details on how outright monetary transactions would evolve for the State and set out the conditions which would...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: I presume OMT is listed on the options paper the NTMA has received.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: There is a division because one is a credit line which is contingent and available, if required. OMT will be a separate beast. How would potential investors view Ireland securing OMT involvement? Would they consider it to be an indication that it had not exited the programme as planned and required additional assistance? Would OMT be positive or negative in that regard? While the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: Mr. Corrigan referred to what investors are factoring in, namely, an extension of payments relating to the promissory bond. Is that what all investors are expecting or is Mr. Corrigan referring to only a portion of them? Is there an expectation that a move will be made in respect of some of the money we have invested in the pillar banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: Last week, I raised with the Minister for Finance the issue of employees of the NTMA who have moved into the private sector. Three senior employees who were seconded by the NTMA from the Department of Finance have resigned their positions and moved into the private sector. Mr. Michael Torpey was the member of staff who left most recently. I am not commenting on the individuals involved but...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: That is probably the problem. The staff of the NTMA have been seconded from elsewhere and some of them previously held some of the most senior positions in the Department of Finance. The latter is supposed to be turning the screw on the banks in order to ensure - in view of the their previously reckless behaviour - that they act appropriately. Those who run the banks have decided to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: When did Mr. Torpey notify the NTMA that he was terminating his contract?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: So that would have been after the unit he previously managed sold €1 billion of assets or contingent liabilities held by the bank which he will join as an executive director in a number of weeks.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: Is Mr. Corrigan satisfied that the work and discussions relating to the sale of this €1 billion in assets - the largest sale of State assets last year - only began after 14 December last when Mr. Torpey went on holiday?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: Mr. Corrigan mentioned that the staff of the NTMA are not public servants. Do those who run the agency ever engage in discussions on adhering to the public sector pay cap that has been set by the Government? I understand that 11 members of the staff of the NTMA each earn over €250,000 per annum in salaries. Is it ever suggested that the public sector pay cap should apply to them?...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Pearse Doherty: My specific question was whether bonuses will be paid for 2012.

Order of Business (29 Jan 2013)

Pearse Doherty: There has been a good deal of debate and questions in the past year and a half on bankers' remuneration. The Taoiseach is perfectly aware that some bankers are working for banks owned completely by the State and are being paid hundreds of thousands of euro and pensions that are greater again. Will the Taoiseach indicate to the House when the Mercer review, commissioned more than a year ago,...

Written Answers — Department of Social Protection: Jobseeker's Allowance Eligibility (29 Jan 2013)

Pearse Doherty: To ask the Minister for Social Protection the progress that has been made in the ongoing issue around part time fire fighters being refused jobseeker's payments on the stated grounds that the conditions applying to their work as a part time fire fighter impose unreasonable restrictions on the locations at which they can accept work; if, in the interests of public safety, she will amend the...

Written Answers — Department of Finance: National Treasury Management Agency (29 Jan 2013)

Pearse Doherty: To ask the Minister for Finance if members of staff at the National Treasury Management Agency are exempt from the standard practice of a cooling off period for senior civil servants moving from public sector into private sector employment; if this is true, the reason such an exemption applies; the number of staff that have transferred from the NTMA to the private sector in the past four...

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Pearse Doherty: To ask the Minister for Finance in view of the fact that he is the owner of 15% of the ordinary shares in Bank of Ireland, and owner of preference shares most recently valued at €1.473 billion, if he will confirm if the recent disposal by him of €1 billion contingent capital notes was in the interests of Bank of Ireland; and if so, if he will provide the basis for this position....

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Pearse Doherty: To ask the Minister for Finance if he will provide the overall costs incurred by Bank of Ireland in the recent disposal by him of €1 billion contingent capital notes. [3713/13]

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Pearse Doherty: To ask the Minister for Finance if he will confirm the date on which the €1 billion contingent capital notes were first offered to the market. [3714/13]

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Pearse Doherty: To ask the Minister for Finance following the recent disposal of €1bn contingent capital notes, if he received advice as to the optimum period over which the CCNs should have been marketed before any sale was closed; and if he will make a statement on the matter. [3715/13]

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Pearse Doherty: To ask the Minister for Finance following the recent disposal of €1bn contingent capital notes in Bank of Ireland, if he will outline the involvement in the disposal, of the former head of the Shareholder Management Unit in the Department of Finance (details supplied); and if he will make a statement on the matter. [3716/13]