Results 30,441-30,460 of 32,983 for speaker:Paschal Donohoe

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: I thank Mr. Elderfield.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: I thank Mr. Elderfield for coming in this afternoon. I apologise for keeping him waiting earlier in the day. I thank him for all the work he has done in his role in which he has had a very positive impact. I wish him the best of luck in his next assignment. How many split mortgages are there at the moment?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: End of December, is it?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: How many are there?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: For the entire country there are 52.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: Mr. Elderfield and the Government have been identifying split mortgages as a strong policy option for dealing with this crisis and Mr. Elderfield is telling me that at the moment there are 52 of them across the entire country.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: Okay.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: Up to the end of December there were 52 across the entire country. What does that tell us about the progress we are making in dealing with this crisis?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: What does Mr. Elderfield expect that figure to be for the end of the first quarter?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: Coming from a base of 52, what kind of increase can we expect? Are we talking about hundreds or thousands?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Paschal Donohoe: Why has there been such reluctance to deploy that? Taking on board Mr. Elderfield's generous interpretation as to why there might be so few, if one forgot we were talking about mortgages and laid aside for a moment the financial difficulty our banks are trying to escape, the principle of split mortgages is a very obvious principle when considering difficulty with stressed debt or the...

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: I want to make a point on this. I firmly agree with the suggestion and the proposal made by the Vice Chairman that the transcripts be sent to the relevant Departments. A moment ago a member of the committee stated she wants a guarantee there will be no more monkey business from the Administration on this.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: This is what the Deputy said.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: I want to reiterate very firmly, because this is a crucial issue, that nobody has ever approached me on the operation of the committee or my role on it. This message must go out very clearly from the meeting, otherwise the credibility and role of the committee will be in even graver difficulty than it was when the meeting started.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: I want to place very clearly and unambiguously on the record that in my two and a bit years on this committee I have never been contacted by a Government Minister regarding questions I have asked, reports I have sought or any matter I have raised in this committee. I have formed my own opinion on this matter, which I have expressed in this room independent of any member of Government and my...

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: I thank the Vice Chairman and Deputy McGuinness for his contribution. I have a small number of factual questions. On the overtime claimed by Deputy McGuinness's son while working for his father when he was a Minister of State, the rationale put forward was that when a member of staff in the then Minister of State's office took maternity leave the position was left unfilled and this created...

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: To be specific, was the post left vacant as a result of maternity leave filled?

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: Exactly.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: I have a specific question on the vacancy that arose as a result of a person taking maternity leave.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Paschal Donohoe: The Chairman answered that question.