Results 4,241-4,260 of 36,116 for speaker:Pearse Doherty

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: He said: “This lifts that burden from the Irish taxpayer and means that the European taxpayer, at a general level, through the ESM is basically taking on responsibility for it." I will repeat it because this goes to the core of this debate. It is what the Tánaiste, Deputy Eamon Gilmore, said about the achievement of 29 June and the toxic banking debt that the Labour Party...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: The Tánaiste told us there would be light at the end of the tunnel but for many people there is not. For many people, the light at the end of the tunnel was his words that it "lifts that burden from the Irish taxpayer and means that the European taxpayer, at a general level, through the ESM is basically taking on responsibility for it", as well as the quotes from other Ministers....

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: The marble itself cost €6 million. When the Minister says this is just like a mortgage but paid over a longer period of time, the problem is that the people who are paying this mortgage over a longer period of time have no benefit from the house because it is this type of trophy house, and this type of mad investment that Mr. Fingleton and others agreed to and went bust because of,...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: -----and there is a minimum timeframe for it to do that. However, the ECB retains the right at any stage to demand that it disposes of all of its bonds or does so at a quicker rate. The Minister made much of the fact the rate, given the margin of 2.63% plus Euribor, is just less than 3%. Professor Brian Lucey pointed out in his blog that the average Euribor rate over the last 20 years was...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: I will conclude on this point. The reality is it depends where the starting point is. If the starting point is where Fine Gael and Labour started off in saying we are going to pay back every single penny of this debt and that we just want better conditions, then I understand completely why they would welcome this. If one's starting point is that of Fianna Fáil - the party that heaped...

Written Answers — Department of Foreign Affairs and Trade: EU Presidency Expenditure (12 Feb 2013)

Pearse Doherty: To ask the Tánaiste and Minister for Foreign Affairs and Trade if he will confirm the estimate of the overall cost of the EU Presidency website, EU2013.ie; if he will provide a breakdown of costs showing the purpose of the cost, the supplier when available and the date on which it is expected the cost will be incurred; if he will outline the steps that he undertook to ensure that the...

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial of two men in Britain who were convicted of defrauding Allied Irish Bank in a scheme whereby £740 million has been advanced by AIB based on bogus documents, if he will outline the response by AIB to the fraud; the steps that have been taken to prevent a reoccurrence of such a fraud; and if he will outline any sanctions...

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial or two men in Britain who were convicted of defrauding Allied Irish Bank in a scheme whereby £740 million had been advanced by AIB based on bogus documents, if he will confirm the bank's policy with respect to accepting hospitality from borrowers; and if he will provide an assessment as to whether the hospitality...

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial or two men in Britain who were convicted of defrauding Allied Irish Bank, if he will provide an estimate of bonuses and commissions paid to its employees relating to the advancing of the loans. [6620/13]

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial of two men in Britain who were convicted of defrauding Allied Irish Banks if he will outline the way AIB ensured that it maximized the sale price in the disposal of the portfolio of properties subject to the loans to Green Property; the way the portfolio was marketed to ensure potential purchasers were aware of the sale;...

Written Answers — Department of Finance: Promissory Note Negotiations (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if he will confirm if a technical paper on resolving Ireland’s bank-related debt was ultimately finalised in conjunction with the bailout Troika of the IMF, EU and ECB for submission to principals of the Troika as indicated by An Taoiseach when he stated the troika stated it would produce a technical paper on this issue which is of such importance to the...

Written Answers — Department of Finance: Promissory Note Negotiations (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if a specific technical paper has been produced on the promissory notes by the Troika and the Government. [6623/13]

Written Answers — Department of Finance: Contingent Capital Notes (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the announcement of his Department that negotiations to sell €500m - €1bn of Bank of Ireland contingent capital notes had concluded, if he will provide an assessment of the impact of the transaction on the prospects of securing a deal to recoup at a European level other sums used to bailout the banks. [6624/13]

Written Answers — Department of Finance: NAMA Loans (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if he will confirm if the National Asset Management Agency provides so-called staple finance or vendor finance to purchasers of its loans, as opposed to purchasers of its real estate property. [6625/13]

Written Answers — Department of Finance: Social Insurance Fund (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the publication of the December 2012 Exchequer Statement if he will explain the €300m entitled Repayment of Loans to Social Insurance Fund; if he will confirm if there are further loans outstanding from the Social Insurance Fund; and if so, the amount and the scheduled repayment dates. [6627/13]

Written Answers — Department of Finance: Credit Union Fund Issues (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the publication of the December 2012 Exchequer statement, if he will explain the €250m contribution to the credit union fund; and if he will provide an estimate of any additional contributions identified, showing the estimated date of disbursement and amount. [6628/13]

Written Answers — Department of Finance: Outright Monetary Transaction Scheme Eligibility (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if he will provide an assessment as to whether the State now qualifies for the ECB’s outright monetary transactions scheme; if the State now qualifies, his basis for that belief; and if he does not believe the State now qualifies, the basis for that belief and any additional actions needed so as to qualify. [6629/13]

Written Answers — Department of Finance: Bank Debt Restructuring (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the statement by Permanent TSB in November 2012 confirming that it was selling loans with a value net of provisions and write-offs of €351m at February 2012, if he will identify the beneficial buyer of these loans. [6630/13]

Written Answers — Department of Finance: Bank Debt Restructuring (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling loans with a value net of provisions and writeoffs of €351m at February 2012, in return for consideration of €287m, if he will confirm the loss that was booked by PTSB on the transaction; if he will outline the process undertaken by PTSB to dispose of the assets in order to...

Written Answers — Department of Finance: Bank Debt Restructuring (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling two operating units to management for nominal consideration, if he will provide an outline of the valuations undertaken by PTSB of the two units so as to ensure the sale price was adequate; if he will provide the sales, operating profit, impairments and net profit after tax for the two...