Results 24,241-24,260 of 26,148 for speaker:Kieran O'Donnell
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: No, Minister. A total of â¬8.3 billion has been put into Anglo Irish Bank. It is in the bank's end of year accounts at the end of December but the Minister has said that did not happen.
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: We need clarification. It is in the accounts in black and white.
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: I am looking at the Minister's speech on Tuesday, where he said: "I am providing â¬8.3 billion this week to support the capital position." Did the Minister give a commitment to Anglo Irish Bank in December that it would get â¬8.3 billion? In other words, was the commitment given long before he came into the House, because the accounts show â¬8.3 billion in terms of share capital at the...
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: No, AIB, but Anglo Irish as well, since we are being told by the chairman that it will cost well above the â¬22 billion. How much, in addition to the â¬3.5 billion by way of preference shares, will AIB cost the Irish taxpayer? We do not want a situation whereby the Minister tells the Dáil on a certain date he is committing a certain figure to AIB and we find that this had been done three...
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: It is not on a statutory footing, rather guidelines have been issued and if the Minister does not know this, then we have a major problem. It should be on a statutory footing, but it is not. Perhaps the Minister might deal with those questions, please, because what we want here is transparency and accountability.
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: Based on whether they give it out.
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: The Minister gave a commitment on Anglo and the â¬8.3 billion, specifically.
- Banking System: Statements (1 Apr 2010)
Kieran O'Donnell: The Minister is not answering the question.
- Special Educational Needs: Motion. (31 Mar 2010)
Kieran O'Donnell: I compliment my colleague, Deputy Brian Hayes, for bringing this very opportune motion before the House. As a general observation, we have to come before this House too many times in terms of issues to do with special needs. I wish the Minister well and she has an opportunity to set out, in a defining moment, precisely what her incumbency as Minister for Education and Skills will be about....
- Insurance Industry. (31 Mar 2010)
Kieran O'Donnell: I refer to the employees and the policyholders. It appears there are eight subsidiaries of Quinn Insurance involved in providing guarantees for facilities. Will the Minister elaborate on exactly what form these facilities took? Were they in the form of bank loans or otherwise? Normal practice would dictate that if they were in respect of banks, bank letters would be sent to the bank every...
- Written Answers — Social Welfare Benefits: Social Welfare Benefits (30 Mar 2010)
Kieran O'Donnell: Question 314: To ask the Minister for Social and Family Affairs if persons who took places in programmes of study under the labour market activation scheme, but whose entitlement to jobseeker's benefit expires during the course of their programme of study and who furthermore may not qualify for jobseeker's allowance, will be allowed to receive jobseeker's benefit for the duration of their...
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: The senior bondholders are hedge funds.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: It equates to only 5% and the Governor of the Central Bank said it should have been higher.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: The Anglo Irish Bank losses are only an estimate.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: I wish to share time with Deputy Noonan. The Minister is living on a parallel universe. He is trying to see what he wants to see rather than the reality. Anglo Irish Bank will cost the taxpayer more than â¬40 billion. The bank will receive â¬22 billion in recapitalisation and it will account for 70% of the â¬32 billion set aside for recapitalisation of the banks. Senior bondholders are...
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: By adding â¬22 billion through recapitalisation and â¬18 billion in loans transferred to NAMA.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: The figures relating to Anglo Irish Banks are estimates. The loans have yet to be audited and discounted.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: What has been proposed is an estimate.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: Can the Minister justify putting â¬22 billion into Anglo Irish Bank? It is equivalent of the health and education budgets rolled into one. Deputy Kenny asked whether the Minister would go through the lobbies tomorrow evening to vote against a motion regarding SNAs who will no longer be provided for children with special needs.
- Banking System: Motion (30 Mar 2010)
Kieran O'Donnell: We have no idea how much NAMA will make. We all want a banking system that works. Allied Irish Banks and Bank of Ireland have been given time. Their losses to date have not been crystallised. If the Government wants private investors to put money into these banks, it should have outlined earlier their losses to date and how they will come up with funding. However, we will not know that...