Results 20,141-20,160 of 35,829 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: I want to move on to another issue, which is the global restructuring group within the bank. I know it happened before Mr. Mallon's time but 2,141 Irish businesses located in this State were transferred into the global restructuring group. Is that the correct figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: How many of those 2,141 Irish businesses located in this State came out of the global restructuring group?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: I appreciate the background. Obviously, the Chairman has allowed Mr. Blair time to put all that on record. Let me return to my original question again. There were 2,141 businesses involved. They had debts in excess of €1 million up to €25 million. We are talking about the local publican or corner shop owner in Mayo or Donegal, for example. We are talking about some...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: Is it seven?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: Is it less than 100?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: Businesses believed they would be supported but, as was put to me, they were not aware that they were being put on death row. Is it credible that fewer than 100 out of 2,141 businesses that went into a global restructuring group came out alive? Is there truth in the allegation made, which is that the group was a vehicle that allowed Ulster Bank to appoint receivers and liquidators for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: The Mason Hayes & Curran reviewers interviewed five individuals. The review did not identify the issue whereby the bank is now allowing some of the businesses to seek compensation from the fund that has been established by the bank's parent group. Is that not correct? Is it correct that the review did not identify this issue in respect of the fees and that only five individuals...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: What would Mr. Blair say about the comments of the senior executive in Ulster Bank, a whistleblower reported in the Irish Independentin 2013, three years ago to the very day, to the effect that GRG Ireland was about putting businesses to the wall?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: Does Mr. Blair accept that while he claims the intention of Ulster Bank in putting businesses into the global restructuring group was to support them, it dramatically failed given that, out of the 2,141 businesses that entered the group, fewer than 100 actually survived?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: I agree on that point. Would Ulster Bank welcome a review by the Central Bank of Ireland into Global Restructuring Group Ireland to determine whether Ulster Bank treated SMEs unfairly by comparison with other Irish banks? Would it welcome a review to clear up this issue once and for all?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Pearse Doherty: If the Central Bank had not asked Ulster Bank to review tracker mortgages last year, our guests would be in here today telling us no issue arises in terms of tracker mortgages. The Central Bank has forced it to acknowledge this because of an independent review. It is looking over its shoulder in respect of having treated two thousand of its customers wrongly in that regard. I hope I will...

Written Answers — Department of Finance: Mortgage Applications Approvals (1 Dec 2016)

Pearse Doherty: 139. To ask the Minister for Finance if his attention has been drawn to difficulties potential new businesses are having in accessing new mortgages and loans on mixed use properties from the banking sector despite apparent credit worthiness; the approach of the State owned banks to such applications; the details of any specific products they have for such potential start-ups; and if he will...

Written Answers — Department of Finance: Banking Licence Applications (1 Dec 2016)

Pearse Doherty: 140. To ask the Minister for Finance the number of expressions of interest, new applications for licences and applications for the extension of permissions the Central Bank has received from banks, insurers and asset managers since 24 June 2016. [38135/16]

Written Answers — Department of Finance: Banking Licence Applications (1 Dec 2016)

Pearse Doherty: 141. To ask the Minister for Finance the timeframe in which the Central Bank is in a position to answer applications for licences from banks, asset managers and insurers; the way in which those timeframes compare to the situation before 24 June 2016; and if he will make a statement on the matter. [38136/16]

Written Answers — Department of Finance: Banking Licence Applications (1 Dec 2016)

Pearse Doherty: 142. To ask the Minister for Finance the efforts the Central Bank has made to increase resources in order that it can cope with the increase in applications in the aftermath of Brexit; and if he will make a statement on the matter. [38137/16]

Written Answers — Department of Finance: Departmental Staff Data (1 Dec 2016)

Pearse Doherty: 143. To ask the Minister for Finance the number of extra staff that have been added to each of the areas of banks, insurance and funds and asset management in the Central Bank or his Department since the vote on Brexit; and if he will make a statement on the matter. [38138/16]

Written Answers — Department of Finance: Central Bank of Ireland Staff (1 Dec 2016)

Pearse Doherty: 144. To ask the Minister for Finance if the Central Bank has experienced difficulty hiring in any of the areas of banks, insurance and funds and asset management; the reason for such difficulties since the vote on Brexit; and if he will make a statement on the matter. [38139/16]

Written Answers — Department of Finance: Banking Sector Data (1 Dec 2016)

Pearse Doherty: 145. To ask the Minister for Finance the number of vacant homes in possession in each of the State-backed banks in each of the past ten months; his plans to use these homes to alleviate the housing crisis; and if he will make a statement on the matter. [38164/16]

Written Answers — Department of Housing, Planning, Community and Local Government: Water and Sewerage Schemes (1 Dec 2016)

Pearse Doherty: 167. To ask the Minister for Housing, Planning, Community and Local Government if he has responded to the reasoned opinion issued by the European Commission in September 2016 in respect of a waste water collection system for the Gaoth Dobhair agglomeration in County Donegal; the contents of this response including the remedial actions being considered to address this infringement; and if he...

Committee on Budgetary Oversight: Post-Budget Analysis: National Women's Council and Social Justice Ireland (30 Nov 2016)

Pearse Doherty: Before Ms O'Connor leaves I thank her for her presentation. I agree with the broad thrust of the excellent analysis from both the National Women's Council and Social Justice Ireland. Dr. Healy touched on a good point that was picked up by Deputy Calleary. I hope it is a matter that the committee will consider. It is extremely frustrating what happened this year and even last year. Some...