Results 25,981-26,000 of 35,894 for speaker:Pearse Doherty

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: If I ask-----

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: I appreciate that. The question was on the statement that nobody in the room on the night of the bank guarantee knew how bad the banks were. Professor Honohan said the note we are discussing, note No. 6 released by the Committee of Public Accounts, was "the only evidence that I found written or oral". On four occasions, Professor Honohan directly attributed a quote to Mr. David Doyle, who...

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: I am entitled to ask the questions, with respect.

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: Professor Honohan referred to four conversations, three with Mr. Doyle and one with Kevin Cardiff, although he said that while he probably spoke to Mr. Cardiff about the note he cannot categorically say he did. I reminded Professor Honohan as follows: "I am sure Professor Honohan understands that it is very important the information he gives to the committee is evidence". Is Professor...

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: Mr. Doyle has not been before the committee.

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: I am also here to try to help the inquiry. I am sorry we now appear to be at loggerheads. I am trying to get the facts. Professor Honohan is here to discuss his report, the Honohan report. He stated that the only evidence he found, written or oral, was the note. I asked him whether he asked any of the other nine or ten individuals, including the Taoiseach, the Minister for Finance and...

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: It is generally appreciated that Professor Honohan has been very helpful to the inquiry in terms of his availability.

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: We have dealt with the point. My understanding is that there was no discussion with Mr. Doyle-----

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: The committee will determine what is and is not significant. We appreciate Professor Honohan's work and his flexibility in making himself available to the inquiry. That is not contested. On page 138 of Professor Honohan's report, he stated that on the night of the bank guarantee, nobody in the room knew how bad things were. Regardless of whether it was before capital or after capital, if...

Committee of Inquiry into the Banking Crisis: Context Phase (11 Mar 2015)

Pearse Doherty: There was enough information given to suggest there was a solvency issue.

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland Funding (10 Mar 2015)

Pearse Doherty: 196. To ask the Minister for Finance the reason the full €800 million of Strategic Banking Corporation of Ireland funding has not been allocated; and when the remaining €400 million will be allocated. [10031/15]

Written Answers — Department of Finance: Economic Data (10 Mar 2015)

Pearse Doherty: 218. To ask the Minister for Finance the number of companies engaged in contract manufacturing in a way that may distort economic data; and if he will provide the names of these companies. [10397/15]

Written Answers — Department of Finance: Exports Data (10 Mar 2015)

Pearse Doherty: 219. To ask the Minister for Finance the way excluding the top five exporting companie, from the data would affect Ireland's export figures; and if he will make a statement on the matter. [10398/15]

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: I welcome Mr. Carswell. I will begin with his previous book Something Rotten: Irish Banking Scandals. I have referenced it before in the inquiry. He deals with the DIRT scandal on page 151 and he says, "The controversy revealed that in 1980s and 1990s Ireland there existed a culture of State and bank sponsored tax evasion." Could he speak to this for the committee and outline what he...

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: If I can bring Mr. Carswell forward two decades in relation to the relationships that he mentioned. How did the cosy relationships that he mentioned in terms of politicians, developers, bankers and regulators, manifest themselves? How did it work?

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: In his opening statement Mr. Carswell said, "These cosy relationships would prove extremely costly," and he went on to talk about the cost of the bank bailout. Where does he put the relationships in terms of the mix that caused the State to absorb €64 billion of banking costs?

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: In Mr. Carswell's view how important or unimportant were the relationships to the Irish banking crisis?

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: Again, in his opening statement, Mr. Carswell said, "Moral responsibility for the excesses of this period can be cast widely but legal responsibility for what happened, and what was permitted to happen, far less so." It is a different view than that put forward by Dr. Nyberg who was of the opinion in his report that, "The nature of systemic banking crises rarely allows blame and...

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: I have two final questions. Was Mr. Carswell's book ever legally challenged? As a result of his research in his book, is Mr. Carswell aware of whether any borrower of Anglo Irish Bank lobbied the Government in the run-up to the bank guarantee?

Committee of Inquiry into the Banking Crisis: Context Phase (10 Mar 2015)

Pearse Doherty: Anglo Republic.