Results 12,881-12,900 of 26,081 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Permanent TSB (6 Feb 2018)

Kieran O'Donnell: Chairman, may I make a final point? Ms Marian Kenny, 2 Gosworth Park, Castle Park Road, Dalkey, a customer of Permanent TSB has written to the committee, allowing us to use her details. Mr. Padraic Kissane would have written to Mr. Masding on 31 October 2017. Mr. John Mason would have replied to Mr. Kissane on 8 November 2017. Ms Kenny had an interest only mortgage of €550,000, and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Permanent TSB (6 Feb 2018)

Kieran O'Donnell: I thank the Chairman. Will Mr Masding explain how a person with an income of €80,000 was able to get a mortgage of €630,000? How were the terms of the original mortgage for €550,000 rewritten when the top-up was granted?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Permanent TSB (6 Feb 2018)

Kieran O'Donnell: Mr. Masding will appreciate that when the customers come to us they are experiencing extreme frustration. We are only a conduit.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Permanent TSB (6 Feb 2018)

Kieran O'Donnell: I thank the Chairman.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Permanent TSB (6 Feb 2018)

Kieran O'Donnell: I would say that Mr. Masding has it already, but I will give it to him.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: Ulster Bank, which is in the same position as KBC in delaying dealing with redress and compensation, put most of its customers back on the correct tracker rate in 2014, if my memory is correct. Why did KBC not do likewise? Why did it not do this much earlier? What was the earliest point at which the 3,000 customers were identified? Was it the end of December?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: How difficult is the physical process of putting people back on the correct tracker rate? Can the bank just say what the rate was and update them automatically using its software? I am referring to the rate, not redress or compensation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: That does not really answer my question. Why, at the end of December, could the bank not have put a time period aside early in the new year to put everyone back on the correct tracker rate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: Does Mr. Verbraeken believe this is the final number for KBC? Have there been further discussions with the Central Bank on the full cohort?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: How large does Mr. Verbraeken think those extra cases are?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: I have been informed by a constituent, a customer of KBC Bank, that when he took out his mortgage, he was given the option of having a fixed rate and then reverting to the prevailing variable rate and that he is currently unable to get a response from the bank on whether the prevailing variable rate at the time was a tracker mortgage or a standard variable rate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: Am I correct that at the time when tracker mortgage rates were available, KBC Bank operated a fixed rate, a tracker mortgage rate and a variable standard rate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: KBC Bank (6 Feb 2018)

Kieran O'Donnell: I will revert to the individual concerned on whether he would like me to pursue the matter through the committee. I will also pass on the correspondence to Mr. Verbraeken.

Seanad: Order of Business (7 Feb 2018)

Kieran O'Donnell: I wish to raise a matter which has been touched on this morning, namely, a school bus crash between Caherconlish and Hospital. I have spoken to some of the parents of those children. Thankfully, there are no major injuries. Many of the schoolchildren are at the emergency department in University Hospital Limerick. The most important point is that there does not appear to be any fatalities...

Seanad: Order of Business (7 Feb 2018)

Kieran O'Donnell: My main concern today is for the students who were on the bus. I expect an investigation will be carried out by Bus Éireann and An Garda Síochána. There are three elements to note. First, there are no fatalities. That is important. Second, we must find out what happened and ensure the safety of the transportation of schoolchildren. The children in question were travelling...

Seanad: Order of Business (8 Feb 2018)

Kieran O'Donnell: I join with colleagues in remarking on the bus crash that took place in Connolly's Cross between Caherconlish and Herbertstown yesterday. I compliment the staff in University Hospital Limerick and those in the school for getting the emergency incident team up and running. I compliment the staff of Bus Éireann for their reaction as well as those in the ambulance and emergency services....

Seanad: Order of Business (8 Feb 2018)

Kieran O'Donnell: Do we need to do a Healy-Rae on it?

Seanad: Order of Business (8 Feb 2018)

Kieran O'Donnell: I think the Cathaoirleach has given the Leader advice whether he uses it or not.

Seanad: National Broadband Plan: Statements (13 Feb 2018)

Kieran O'Donnell: This is a very important debate. Last Thursday, I thought Fianna Fáil was having a senior moment because it said it wanted the network brought back into public ownership without realising that it had sold it. This is a legacy problem.Regardless of whether they like it, the network should never have been sold.

Seanad: National Broadband Plan: Statements (13 Feb 2018)

Kieran O'Donnell: I am just saying this. Once Fianna Fáil sold it-----