Results 801-820 of 8,745 for speaker:Verona Murphy
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: They did not request repayment. SBCI just gave them their money back after four years.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: SBCI gave them back €150 million, if I am not mistaken, and it sourced that somewhere else. Was that a decision made by the board and was the Minister for Finance consulted on that?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: As there is limited time, can Mr. Black come back and clarify that, please? There was no press release and it was not made public at that time. Was there any reason for that?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Despite how the money was raised, SBCI appeared in front of the finance committee but it did not disclose that KfW had left or that it still had their logo on its website. Was there some reason for that? Why did SBCI remove the logo? If what Mr Black is saying is true, why did SBCI remove the logo when it was questioned why it was there, when they were no longer funding this, or...
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Why did SBCI take down the logo?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: I think the confusion is why, when they were paid back, SBCI left it up. That is the question that needs answering. One does not tally with the other. If SBCI left it up for two years and then took it down because a freedom of information, FOI, request was made, that does not make sense. The relationship has not changed, has it? Did the relationship change in that time?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: To me, it does not make a whole lot of sense that SBCI removed it because it received an FOI request as to why it was still there. Is that the reason SBCI removed it?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Who was it causing confusion to?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Mr. Black does not know but SBCI still removed it, even though he does not know. In regard to the eligibility criteria that Ms Sweeney mentioned, it is initially an online application to access SBCI funding. Is that correct?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: It does not actually mean that people will receive funding. It just means they are entitled to apply.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: I have one more question. Could we have some insight in writing in regard to the review of that process? Like Deputy Carroll MacNeill, I have many constituents who were eligible but who were not given funding. There was nothing. One of the applications was deemed to be too strong and too good. I would like to see in writing what form of complaints process there was and the statistics in...
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: I will return to KfW. The reason I am asking my question is that we find ourselves in difficulty in the last few days with regard to our reputation, given what is happening in Davy Group and the exit of the banks. We are going to be left with a duopoly. It is paramount that there is integrity in what we do. Did KfW raise any concerns before SBCI paid it back about how the money was being...
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: There was no correspondence from KfW.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Mr. Black is happy that it had nothing to do with the process for how the money was being distributed.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: The vice president of KfW, Christian Krämer, said: "We want to support Irish SMEs, not Irish banks. This is not about banks creaming off something for themselves; the advantage has to reach the end customer."
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: That was his statement. Mr. Black is happy that this was happening and that it did not cause an issue for KfW.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Did we replace it with another funder?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Did that come in at the same time in 2018?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: Was it cheaper?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Verona Murphy: How much?