Results 4,401-4,420 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: Without that the bank would have been down to approximately €51 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: We addressed a little of that already, but the Deputy is very welcome to continue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: We spoke about this matter before in the context of the role of the registrar. This might be a question that is more relevant to Mr. Mahon as director of recovery. I am not speaking about the case mentioned particularly but generally. I want to tease out how the process works when KBC gets to the end of a journey and believes it must issue court proceedings and the sheriff obtains a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: Obviously, the bank has instigated the process. It involves the sheriff and the personnel whom he has hired, rather than people the bank has hired. Mr. Mahon has noted that once the sheriff hands the property back to the ban, it has to hire security to mind it, but in the process of eviction, they are not people the bank has hired, rather they have been hired by the sheriff.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: To add to what Deputy Eugene Murphy stated, is it fair to say that, in all cases, the county registrar, as the sheriff, is ordered by the court to carry out the eviction and he finds his security team without any recourse to KBC Bank - we cannot say what other banks do - and the bank has no say in deciding which security company is good to use?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: Does he inform KBC Bank that he will go in to carry out the eviction at a certain time but that the bank will need staff there slightly later because he will be handing the property back then?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: The Deputy can have as much time as he wants.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: I have one question on the same issue. Typically, a security team goes in with the registrar to take over a property. Would it be normal for that same security team to continue with a different paymaster or is it more likely that there will be a completely different set of individuals involved?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: So the team that the county sheriff engages can be paid by the county registrar and the Courts Service one moment and by KBC Bank the next.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: How likely is that to happen?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: Is it 80% of the time or 10% of the time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: KBC Bank obviously has a level of engagement with the same security team that has carried out evictions in some cases, which is probably not what I was familiar with before.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: We heard earlier that when an eviction takes place, all of the costs relating to it accrue to the Courts Service. The bank does not make a contribution in respect of the costs accruing to the Courts Service and only pays its own legal costs. The Courts Service - and, ultimately, the State - pays for the cost of the eviction. Is that correct? The bank does not pay for it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: Is it fair to state that the registrar, not in consultation with the bank, hires the people but that the bank may end up hiring the same individuals for purposes of convenience, if nothing else? They are already on site and it could be a location that is not readily accessible to many security companies. Since they are already there and have secured the property, the bank might pick up the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: Does it happen frequently? It is not an exception.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: I am not trying to put words in Mr. Mahon's mouth. Stating that it can happen could mean 1% of cases. Does it typically happen?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): KBC Bank (21 May 2019)

Gerry Horkan: I thank Mr. Roebben for attending. This was his first appearance before the committee. It may also have been the first time for others. I thank all of our guests. We wish Ms Deering well in her new role on the Irish Banking Culture Board.

Seanad: An tOrd Gnó - Order of Business (22 May 2019)

Gerry Horkan: Is that agreed? Agreed.

Seanad: Qualifications and Quality Assurance (Education and Training) (Amendment) Bill 2018: Report and Final Stages (22 May 2019)

Gerry Horkan: I welcome the Minister of State, Deputy Mitchell O'Connor. I remind Senators that they may speak only once on Report Stage, except the proposer of an amendment, who may reply to discussion on the amendment. Each non-Government amendment must be seconded. Amendment No. 1 is a Government amendment and arises out of committee proceedings. The amendment is consequential on amendment No. 32....

Seanad: Qualifications and Quality Assurance (Education and Training) (Amendment) Bill 2018: Report and Final Stages (22 May 2019)

Gerry Horkan: I am always anxious for good legislation to pass but I am in no hurry. We can be here until 3 p.m., if we do not have this work done by then.