Results 25,781-25,800 of 35,894 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: In 2013, it owned 11,049,195 shares. The second shareholder was GANADO Trustees, which owned one share. From the witness's experience, is that type of structure usual? Would there be two trustees and holding companies, one with 11 million shares and the other with one share?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Both of these shareholders are registered at the same address, 171 Old Bakery Street, Valletta. Is this a familiar place?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: That was changed after 2013.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Company accounts indicate directors from Foxrock and Dundrum. We have their names and addresses. Have the directors given any information about the owners of the company?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: Setanta continued to sell after January 2014. I wrote to the financial regulator in Malta last year and I am thankful that I received a response. It stated very clearly that the Maltese financial regulator at the time directed Setanta to cease with immediate effect in carrying out any new or renewal of contracts of insurance, as of close of business of 24 January 2014. Following inquiry...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Setanta Insurance Liquidation: Discussion (1 Apr 2015)

Pearse Doherty: I have a final question on the MIBI. Under the conditions it has entered into with the 2009 agreement with the Department, anyone paid by the MIBI would have the potential for the MIBI to reclaim the amount from a future insurance policy. If the individual mentioned by Mr. Mercieca were paid €1 million as a third-party claimant, the MIBI could recover that amount by a levy on a new...

Topical Issue Debate: Disability Legislation Terminology (1 Apr 2015)

Pearse Doherty: I am well aware of the Assisted Decision-Making (Capacity) Bill 2013 and the delays with it. I know families who have been campaigning for it and are frustrated by the delays in bringing it forward. The Minister of State's concluding comments could be interpreted as making a judgment on which rights we will provide for in the first instance. I would say out of respect that I know the...

Topical Issue Debate: Disability Legislation Terminology (1 Apr 2015)

Pearse Doherty: I have chosen to raise this issue with the Minister of State as it is very emotive and poignant for many people throughout the State. The Health Act 1970 acknowledges the moral imperative of the health services to make arrangements for the supply without charge of drugs, medicines and medical and surgical appliances to people suffering from prescribed diseases and disabilities of a long-term...

Other Questions: Protected Disclosures in the Public Interest (1 Apr 2015)

Pearse Doherty: I thank the Minister.

Other Questions: Protected Disclosures in the Public Interest (1 Apr 2015)

Pearse Doherty: 11. To ask the Minister for Finance if he is aware that many of the whistleblowers at Provident Personal Credit Limited have had their contacts terminated; and if he will raise the issue with the Central Bank of Ireland, which found against Provident in December 2014. [13101/15]

Other Questions: Protected Disclosures in the Public Interest (1 Apr 2015)

Pearse Doherty: I copied the Minister on a letter which Deputy Mac Lochlainn and I sent to the enforcement section of the Central Bank. In the letter, we summarised how, in December 2014, after receiving information from whistleblowers via us, the Central Bank fined Provident Personal Credit €105,000 "in respect of consumer protection failures relating to money lending loans". The charges against...

Other Questions: Protected Disclosures in the Public Interest (1 Apr 2015)

Pearse Doherty: I welcome all of that. Five employees of Provident came to me and Deputy Mac Lochlainn and gave us detailed documentation of irregularities in the company, which we passed on to the Central Bank. The Central Bank carried out an investigation, found Provident guilty of the charges that had been levelled and fined it €105,000. However, Provident terminated the contracts of all five...

Ceisteanna - Questions - Priority Questions: EU Budget Issues (1 Apr 2015)

Pearse Doherty: I welcome the fact that it will be there before the spring statement. The expenditure benchmark is something I have been raising with the Minister and his Department for a long time now. The Minister's legacy when it comes to how he deals with some of the economic data is that it is about keeping the Opposition in the dark. We have been raising this for the guts of a year and finally, at...

Ceisteanna - Questions - Priority Questions: EU Budget Issues (1 Apr 2015)

Pearse Doherty: 5. To ask the Minister for Finance if he will provide an update on negotiations regarding the expenditure benchmark and the application of European Union budgetary rules with his European Union colleagues; the aims of these discussions; and when he expects an outcome. [13307/15]

Ceisteanna - Questions - Priority Questions: EU Budget Issues (1 Apr 2015)

Pearse Doherty: Baineann an cheist seo leis na díospóireachtaí atá ar siúl sa Bhruiséil ó thaobh na expenditure benchmark rules. The Fiscal Advisory Council's report on the rules issued this morning, which will be a helpful addition in terms of the Minister's negotiations with his European partners. Could he outline to the House the status of the talks and the impact on...

Ceisteanna - Questions - Priority Questions: EU Budget Issues (1 Apr 2015)

Pearse Doherty: If it were not so serious one would laugh. The Minister was one of the architects of the rules and the first time they apply to this country is now, and we are over with the begging bowl asking to get rid of some rules that are simply not sensible. I agree with the Irish Fiscal Advisory Council's report that there is an anomaly in the rules and they need to be changed. It is not only the...

Ceisteanna - Questions - Priority Questions: Mortgage Debt (1 Apr 2015)

Pearse Doherty: 2. To ask the Minister for Finance the legislative steps he will take to tackle the ongoing mortgage crisis and the mounting number of repossessions; and his views on the establishment of a body, independent of banks, with power to enforce resolutions in cases of arrears on a mortgage on a family home. [13306/15]

Ceisteanna - Questions - Priority Questions: Mortgage Debt (1 Apr 2015)

Pearse Doherty: This question relates to the legislative or other steps the Government proposes to take in order to tackle the ongoing mortgage crisis faced by the State. We are all aware of the increasing number of families appearing before courts throughout the country in the context of repossessions. Is the Government developing a view on this matter and does it intend to put forward proposals to...

Ceisteanna - Questions - Priority Questions: Mortgage Debt (1 Apr 2015)

Pearse Doherty: I thank the Minister for his reply. Unfortunately, it merely constitutes a list of the initiatives the Government has taken in the past, some of which have led to a weakening of the position of consumers. The point I was trying to get at is that there has been speculation in the media that the penny is finally dropping in Government Buildings to the effect that something must be done to...

Ceisteanna - Questions - Priority Questions: Mortgage Debt (1 Apr 2015)

Pearse Doherty: I welcome the fact that a review is taking place. I am not familiar with this review and I presume that the views of those on this side of the House are not being solicited in respect of it. We, as Opposition spokespersons on finance, and the Joint Committee on Finance, Public Expenditure and Reform, have invested a great deal of time considering the position with regard to the mortgage...