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Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Michael McGrath: The bank guarantee ... and I fully understand none of you were involved in any shape or form, but presumably you have an opinion. With the information that was available at the time, have you a quick comment, each of you, on the decision to guarantee all six banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Michael McGrath: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Michael McGrath: Mr. Beggs?

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Michael McGrath: Mr. McLaughlin, sorry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Michael McGrath: Sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Michael McGrath: Thank you, Chair.

Written Answers — Department of Finance: National Pensions Reserve Fund Investments (12 May 2015)

Michael McGrath: 288. To ask the Minister for Finance if he will provide all the receipts from, and payments to, the Exchequer by the National Pensions Reserve Fund, in each year from 2008 to date in 2015; and if he will make a statement on the matter. [18471/15]

Written Answers — Department of Finance: Banks Recapitalisation (12 May 2015)

Michael McGrath: 289. To ask the Minister for Finance if he will provide the amount, and a breakdown by institution, of the dated subordinated bonds repaid in full during the period of the Credit Institutions (Financial Support) Act 2008. [18524/15]

Written Answers — Department of Justice and Equality: Garda Strength (12 May 2015)

Michael McGrath: 414. To ask the Minister for Justice and Equality if she will provide for each of the years 2000, 2005 and 2010, and for 2015 to date, the Garda numbers for each of the Garda districts in Cork city and county; and if she will make a statement on the matter. [18576/15]

Written Answers — Department of Health: General Medical Services Scheme Data (12 May 2015)

Michael McGrath: 505. To ask the Minister for Health the total savings achieved to date from the overall reduction in the income threshold, from €1,400 per week to €900 per week, for a couple in respect of eligibility for an over 70 years of age medical card. [18622/15]

Written Answers — Department of Education and Skills: Industrial Disputes (12 May 2015)

Michael McGrath: 546. To ask the Minister for Education and Skills if she is aware of the details of the current industrial dispute between staff (details supplied) in County Cork; the steps she will take to assist in the achievement of a resolution; and if she will make a statement on the matter. [18577/15]

Written Answers — Department of Finance: Mortgage Arrears Proposals (13 May 2015)

Michael McGrath: 64. To ask the Minister for Finance in respect of the Residential Mortgage Arrears and Repossession Statistics for Quarter 4, 2014 published by the Central Bank of Ireland, the number of the 114,674 private dwelling home mortgage accounts classified as restructure-rescheduled that are currently meeting the terms of the restructuring-rescheduling arrangement, and are no longer regarded as...

Written Answers — Department of Finance: Universal Social Charge Payments (13 May 2015)

Michael McGrath: 73. To ask the Minister for Finance the number of persons who only pay universal social charge at the 1.5% rate; and if he will make a statement on the matter. [18787/15]

Written Answers — Department of Finance: Universal Social Charge Payments (13 May 2015)

Michael McGrath: 74. To ask the Minister for Finance the number of persons who pay universal social charge at no higher than the 3.5% rate; and if he will make a statement on the matter. [18788/15]

Written Answers — Department of Finance: Consumer Protection (13 May 2015)

Michael McGrath: 75. To ask the Minister for Finance his plans to protect consumers whose loans are sold to third parties; when he expects legislation in this regard to be enacted and operational; and if he will make a statement on the matter. [18797/15]

Written Answers — Department of Finance: Property Tax Exemptions (13 May 2015)

Michael McGrath: 77. To ask the Minister for Finance the number of applications made for exemption from local property tax, in respect of pyrite damage in categories 2 and 1, the progress made and the number of successful applications in each category. [18828/15]

Written Answers — Department of Education and Skills: Site Acquisitions (13 May 2015)

Michael McGrath: 182. To ask the Minister for Education and Skills the position regarding a school building project (details supplied) in County Meath. [18829/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Michael McGrath: Thank you, Chair. You're very welcome, Mr. Parlon and Mr. Kelleher. Can I just start by asking in relation to what you both have said was an unsustainable level of construction ... and just to recap on some of the figures in 2006, about 270,000 direct jobs, construction accounted for over 25% of GNP, stamp duty receipts were €3.7 billion, which were 8% of total tax and 93,000 houses...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Michael McGrath: Can I ask if CIF took a view on the extent to which a relatively small number of builders and developers became so large and accounted for a massive proportion of overall bank borrowings? Was that underpinned by CIF's strategy? Was it to help to develop some very large players in the market? Was that your plan and your strategy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Michael McGrath: In response to Deputy Murphy, Mr. Parlon, you explained the membership fee structure, that it's based on turnover. Is that the case in ... across all classes of membership?

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