Results 1,741-1,760 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: I thank you for that information.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: When I asked Mr. Blair about being a director, he definitely said he was not a shareholder. I think he also said he did not think he was a director, but he did not say he definitely was not. That is my recollection. He definitely said, however, that he was not a director of the RBS Group. It would be fair to contend that he is or at least was definitely a shareholder.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: I accept that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: Two companies were involved. The answer was along the lines of "I am not a director of one and I am not a shareholder in the other." The corollary is that Mr. Blair was, in fact, a director of one and a shareholder in the other.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: That may not have come out in Mr. Blair's contribution, but that is my recollection. The transcript may clarify the matter.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: West Register probably does not have shares. It is probably owned by the RBS Group.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: Mr. Blair contends that the purpose of the GRG was to make businesses viable. The fact that only 5% of the 2,000 loans remained with the group suggests to me the GRG was an abject failure in that regard. If it was set up to try to make businesses viable and keep things going, it is clear that it did not.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: It just sounds like the premise was to set up the GRG in order to retain customers. It is my contention that it was not a great success, given that only 5% remained with the group in the long term. I accept that some of the companies involved might have survived under different ownership, but we cannot know if that would have been the case. My final question concerns the 1,000 or so...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: I am sorry to cut across Mr. Stanley, but, presumably, the bank can identify all of them. Mr. Stanley mentioned "those we can identify," but the bank has identified 1,000 accounts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: How will they know if they are affected if Ulster Bank has been unable to contact them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: Can we get a breakdown of the figure of 1,000, if possible? To how many has the bank written and how many have responded? Is it 400, 600 or 950? Perhaps Ulster Bank might then think about engaging in an advertising campaign asking the wider public if they were Ulster Bank mortgage holders who switched their accounts and stating they might have been affected by the tracker mortgage issue....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)

Gerry Horkan: Can we, please, have the figures?

Seanad: Order of Business (10 Oct 2017)

Gerry Horkan: On my own behalf and that of the Fianna Fáil group, I pass on our condolences to the wider Cosgrave family on the death of Liam. I will not go on at length about the former Taoiseach. Senator Michael McDowell made a very thoughtful speech on his contribution to Irish life. It is hard for all of us to appreciate that somebody was within the walls of Leinster House for 38 years and here...

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: I welcome the Minister of State. We are dealing with No. 2 on the Order Paper, statements on budget 2018. The Minister of State will speak first and then group spokespersons have eight minutes. All other Senators have five minutes. The Minister of State must be allowed at least six minutes to reply so, if the debate is continuing, he will be called at 6.44 p.m., or earlier, if other...

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: I appreciate that my party in the Dáil had an hour and I have eight minutes, so I will do a brief summary of most of the points I want to address. I thank the Minister of State and welcome him on what I believe is his first time in this Chamber. It is certainly his first time in this Chamber as a Minister of State addressing a budget speech.

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: I am not, no. When and if I am in the Chair, I will give everyone an opportunity. The Order of Business is the Order of Business, so eight minutes is eight minutes. I welcome the opportunity to speak on the budget. This is not like any normal budget because even though Fianna Fáil as a party is in opposition, we entered a confidence and supply agreement, a unique arrangement that had...

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: We now have another Mayo-based Senator, Senator Conway-Walsh.

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: You do not have to continue it.

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: The Senator has one minute remaining.

Seanad: Budget 2018: Statements (10 Oct 2017)

Gerry Horkan: I thank the Senator. Time is tight. We have exactly ten minutes before the Minister of State speaks and there are two final speakers. I call Senator Buttimer who will be followed by Senator Colm Burke. Senator Buttimer has five minutes.