Results 25,881-25,900 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: In her evidence, Ms Donovan welcomed the opportunity to clarify some misleading reports. The reports were that €50 million was the potential payment for myhome.ie. Is that correct or not?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: The national broadcaster reported on the purchase of myhome.iethat The Irish Timespaid €40 million upfront with an additional provision of €10 million if certain targets were reached. Is that report accurate?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: This was in the national broadcaster at the time of the purchase of myhome.ie.
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: The key thing is that The Irish Timeswas willing to enter into potentially purchasing myhome.iefor €50 million.
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: That is the contract that was entered into. If targets were met, that would be the liability.
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: Based on the turnover profit of myhome.ie, how many years would it have to accrue that profit for The Irish Timesto break even?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: Some of these accounts are published. Anyone can pay a few euro to look at these after-tax profits in the companies register so it is not a huge state secret as to what certain companies have in terms of profits. There have been reports, for example, that it would take 25 years at current profits just simply to break even. The reason I am trying to get at this is not about the...
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: In the purchase of myhome.ie, was it or was it not built into the analysis that property prices would have to be maintained or at least increased, and if there was a major slump, that investment would have gone belly-up? I know Ms Donovan has said on the record before, when she was asked if she regretted this investment, that she did not. Are they the same sentiments she has with myhome.ietoday?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: Cuirim fáilte roimh an bheirt go dtí an fiosrúcháin. There has been much talk about residential property over the last period and in today's evidence as well. I want to tease out the role that commercial property played. We have heard evidence to the effect that commercial property played a fundamental role in the crisis. To Mr. Mulhall's knowledge, did RTE cover...
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: I understand that Mr. Mulhall would need to do more research, but the programmes we are discussing relate in the main to house building and house buying. Is that not the case?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: RTE has done many great investigative programmes down throughout the years. One of the issues that we are dealing with in this inquiry is the nexus, the connection between developers, bankers, politicians and so on. Was this under consideration in any way? Did the broadcaster ever investigate that nexus in the period under discussion?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: There has been much talk about "Future Shock: Property Crash". I am more interested in the aftermath of the programme. Mr. Mulhall has referred to the comments of the former Taoiseach, Bertie Ahern, after "How We Blew the Boom". After "Future Shock: Property Crash", he also said something to Matt Cooper. It is mentioned in Matt Cooper's book, Who Really Runs Ireland?. I understand it was...
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: Mr. Mulhall referenced Patrick Honohan's interview on "Morning Ireland" earlier. Mr. Mulhall should correct me if I am wrong, but we understand that followed an unsolicited call to RTE and that he was the person who instigated the call. Is that the case?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: In the aftermath of the interview - again, I will repeat the previous question - did Mr. Mulhall have any contact or is he aware of whether any contact was made to RTE in respect of that interview by anyone within the political establishment or someone acting on behalf of it, or any others?
- Committee of Inquiry into the Banking Crisis: Context Phase (26 Mar 2015)
Pearse Doherty: Thank you.
- Written Answers — Department of Finance: Mortgage Interest Rates (25 Mar 2015)
Pearse Doherty: 36. To ask the Minister for Finance the reason Irish mortgage holders are paying a higher interest rate than elsewhere in the European Union; his plans to tackle this issue; and if he will make a statement on the matter. [12191/15]
- Written Answers — Department of Finance: NAMA Debtors (25 Mar 2015)
Pearse Doherty: 40. To ask the Minister for Finance if tenants in a National Asset Management Agency secured commercial property who have vacated the shop but still owe arrears will have these arrears sold on if the commercial property is sold, or if the debt will continue to be owed to the current owner. [12245/15]
- Written Answers — Department of Finance: NAMA Debtors (25 Mar 2015)
Pearse Doherty: 41. To ask the Minister for Finance the number of commercial tenants who have had debts or arrears written off in National Asset Management Agency secured commercial properties; and the value of these arrears. [12246/15]
- Written Answers — Department of Finance: NAMA Debtors (25 Mar 2015)
Pearse Doherty: 42. To ask the Minister for Finance with regard to the National Asset Management Agency, the level of tolerance permitted to be given to commercial tenants in cases of arrears; and whether the practice of parking arrears is acceptable to the agency. [12247/15]