Results 24,501-24,520 of 35,924 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: €98,000. So that was to ... for 2014, is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: So it began at €79,000 in 2009, went up to €90,000 in '10-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: ---in '11 up to €90,000, '12 it went up €97,650 and then two more years it went up marginally.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Okay. Can I ask you the question, in terms of the term "public interest director" - you've been paid over half a million euro, in excess of half a million euro, for your role as public interest director - is there a difference between a public interest director and a director of Bank of Ireland?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Okay. Can I ask you, just, when was the first time that you became aware that the bank that you were a director of was providing bonuses to its customers to the tune of €66 million and was subsequently fined by the State?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Bonuses to staff.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Well, the question is, Bank of Ireland was, was paying out-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: It was ... this was during the terms of reference of the banking inquiry. They were providing bonuses after the guarantee, which was prohibited under the terms of the guarantee, to its staff - there was a special report done by the Department of Finance that was commissioned by the Department of Finance - which totalled €66 million. They showed that bonuses were being paid out or to...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Were you aware before the Minister was made aware?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Okay. Can I ask you in relation to the property tax reliefs ... and you talk ... you talked at length in relation to the fact that you phased them out in 2006 in the Finance Acts 2006, but is it not the case, Mr. Considine, that these property tax reliefs were going to expire in 2006 anyway? Can I put it to you that the urban renewal scheme was actually going to expire in 2002 and extended...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: But they were due to end is the point I'm making.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: The evidence that's been provided is-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: -----that you began to phase them out, but is that not just changing the language? They were going to expire but the Department intervened or the Minister intervened to extend them on a number of occasions, including in 2006. And can I ask you this point here: is ... when you mention that ... your concerns in relation to the property sector and you mention the implementation of the Bacon...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Which fall off, sorry?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Can I put it to you that-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: -----there was no fallout ... fall off in property prices and the Department of Environment statistics, which are published on their website, will actually show that there was an increase in house prices right throughout that period, including in 2000, 2001-2012?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Can I put it to you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: -----just, finally, to wrap up here. Mr. Considine, you're talking about, you know, we've put on the record that these ... these were extended on a number of occasions-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: -----right up until 2008. And you're saying because of the three-month blip in house prices in 2001, that that was a concern. Now, given the fact that second-hand houses in Dublin rose by €30,000 between 2001 and 2002 ... but can I put it to you, in 2006 a second-hand house average price was €512,000, compared to in 2001, when this blip happened, of €267,000. How could...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)
Pearse Doherty: Your view ... sorry, your view.