Results 27,101-27,120 of 35,959 for speaker:Pearse Doherty

Written Answers — Department of Environment, Community and Local Government: Irish Water Funding (11 Nov 2014)

Pearse Doherty: 485. To ask the Minister for Environment, Community and Local Government with reference to correspondence (details supplied) if he will lay out to the best extent possible in tabular form broken down by year the income expected to be generated and income incurred by Irish Water, including the sources of the income and expenditure for each of the years 2013 to 2016, inclusive; and in the case...

Written Answers — Department of Environment, Community and Local Government: Water Services Provision (11 Nov 2014)

Pearse Doherty: 510. To ask the Minister for Environment, Community and Local Government the number of shares he owns in Irish Water; and the date and details of any purchase or sale of shares by him. [43125/14]

Written Answers — Department of Environment, Community and Local Government: Motor Tax Collection (11 Nov 2014)

Pearse Doherty: 497. To ask the Minister for Environment, Community and Local Government the reason persons who pay their road tax every six months pay significantly more than those who choose to pay in an annual payment; and his plans to rectify this. [42898/14]

Written Answers — Department of Finance: Financial Vehicle Corporations (6 Nov 2014)

Pearse Doherty: 60. To ask the Minister for Finance if he will provide details of the securitisation special purpose vehicles that currently operate in the State. [42488/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: As Mr. Boucher has only suggested 45 proposals, I ask him to inform the committee in writing on those proposals.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: I thank Mr. Boucher.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: Let me finish. There is a breakdown of the figures. Approximately €1.5 billion in guarantee fees was paid up until the end of 2013 that had nothing whatsoever to do with the cash injection; it was because we had to guarantee the bank. The rest is mostly made up of coupons in terms of securities. Therefore, it does not have to do with the cash that was injected. Mr. Boucher should...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: Please listen for one second. This is interest on products bought from Mr. Boucher's bank. It is the exact same scenario as the one I have outlined. It is interest that was applied to coupons. I refer to the fee applied by giving the guarantee to Bank of Ireland, not to paying all the cash back. They are two different things. Bank of Ireland charges fees on transactions all the time,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: Is Mr. Boucher blaming the Minister of Finance? He is big enough to say what is required. He should acknowledge that the capital that was injected into the bank has not been paid back and that what have been paid back are the fees that applied to the products bought in terms of shares in the years in question and the fee that applied to the guarantee issued to the bank. I refer to other...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: No, I just want an answer.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: It happened naturally; the bank did not do anything. The arrears capitalisation figure-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: The bank did not offer them anything. Their own financial circumstances improved.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: On arrears capitalisation, the situation of those concerned improved, which meant that they were not only able to take on the mortgages-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: Is Mr. McLoughlin saying the 1,060 customers subject to arrears capitalisation had an additional product offered to them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: There is another category numbering over 2,000. I refer to where there was a mix of solutions. Will the delegation clarify whether arrears capitalisation involved people who just had arrears capitalised or people who were offered services in addition to arrears capitalisation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: I want to stick with the figure of 1,060. The only service or solution these debtors received from the bank was arrears capitalisation because they were not offered a split mortgage term extension or an interest write-down. This means that their personal circumstances had changed such that they could deal with the mortgage, plus the arrears they had built up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: That is the question I asked a couple of minutes ago. The point I am making is that almost 50% of the cases involve people whose circumstances changed and for whom the bank did not really have to do anything for them whatsoever other than recapitalising the arrears.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: Yes, but the bank did not offer them any solution. It telephoned and gave them advice and all the rest.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: The bank did not do anything for these categories. In real terms, it did not offer them a solution, save for saying it would bundle all their arrears into the mortgage when it found out they were able to deal with their debt. The other 1,300 were able to deal with the matter themselves. The figure is very low in terms of the products or services the bank provided for individuals in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Pearse Doherty: The point I am making is that when one removes from the equation those whose fortunes naturally improved as a result of the recovering economy or another reason, one finds that the number of genuine solutions that have been provided is quite low.