Results 6,001-6,020 of 26,032 for speaker:Kieran O'Donnell
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: The €220 million has come in already ---
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: Can Mr. Watt tell me how this will feed into the stimulus package in terms of the timeframe and so forth?
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: Does Mr. Watt have any idea of the amount that will be available over the three-year period?
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: Is there a value on that?
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: Finally, three PPPs have effectively been postponed - Metro North, DART underground and Metro West - which were valued at €228 million. How much money has been spent on those projects to date and what is Mr. Watt's view on their future? How much of the money that has been spent has gone into a black hole?
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: Does Mr. Watt have any idea how much will not be recouped?
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: What is Mr. Watt's general view of the model for funding public service pensions? How sustainable is the provision? I understand officials are considering the various assumptions and the dependency ratio between the numbers working in the public sector and those in receipt of public sector pensions, which is tipping more towards pensioners.
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: The dependency ratio is reducing.
- Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014) Kieran O'Donnell: Has the Secretary General looked at sustainability models?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: I welcome Mr. Brown and his colleagues. I wish to raise a couple of points for clarification. RBS gave €18 billion to Ulster Bank. Did the money come from the British taxpayer or the UK?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: When the deal was negotiated with the UK Government, had mortgage write-offs taken place in RBS?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: Money was given by the British taxpayers to RBS. Is Ulster Bank's parent company RBS?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: Ulster Bank was given funding via the same channel but RBS performed write-offs in the UK so it stands to reason that the same policy should operate within the group.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: Is it correct that 14,131 home loans were in arrears of more than 90 days at the end of last December?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: What is the current figure?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: How many of the mortgages in arrears are in positive equity?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: By definition, one could say that 50% of the mortgages in arrears for more than 90 days are probably in positive equity.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: What is the delegation's general view on the matter? Let me give the example of someone in arrears for more than 90 days who has a property in positive equity. What view does the bank adopt in that situation? Does it distinguish between a property in negative equity or positive equity?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: Let us consider what happens if the bank moved on a property in positive equity and sold it for more than the value of the loan. What impact would that have on the deposit to loan ratio and the bank's capital ratio?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Kieran O'Donnell: Would the bank re-lend the money?