Results 31,661-31,680 of 35,932 for speaker:Pearse Doherty

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: Do you want me to give you a facility to deal with the Ministers, put them in their place and tell them to stop heckling?

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: We are having a week-long debate on this issue. As I was saying before I was interrupted by the two lads, Sinn Féin had the first debate in this House on the promissory notes. I welcome the opportunity to discuss the matter again. Many serious issues arise from the passing of last week's legislation. It should have been properly debated. I will speak later about the fate of the IBRC...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: We do not believe the State should pay a single cent of this debt. It should not be paid in capital and it should not be paid in interest. That is a legitimate and logical position to have. There is no doubt it was a realistic position before the Government decided to cave in last week. I say that because I believe the Government's starting point should have been to look for and secure a...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: It is a continuation of Fianna Fáil's approach to the banking crisis, which was to nationalise private debt and thereby place the burden on the shoulders of Irish taxpayers.

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: It was unfair when Fianna Fáil asked Irish taxpayers to take on this burden and it is equally unfair now that Fine Gael the Labour Party are asking us to issue sovereign bonds to pay off every last cent of the banking debt of Irish Nationwide and IBRC.

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: That is the long and the short of it. I have studied the technical details on the Department's website. We need much more detail. I hope it is forthcoming. When one examines the core issue, one has to ask whether we have actually made progress on the initiative that was secured at the Eurogroup meeting on 29 June 2012. The initiative in question was forced upon European leaders as a...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: Sometimes the Minister, Deputy Noonan, has the potential to make me laugh. The analogy he drew to Sinn Féin's negotiations in the Good Friday Agreement was one of those moments. However, unlike the Minister, we went into those talks with a view to trying to bring us closer to a united Ireland. As the Minister knows, we were successful, despite the fact that the Irish Government at the...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: -----we got the British Government, for the first time ever, to set aside an illegal international agreement, the pathway to creating a united Ireland. In terms of what the Minister achieved, he did not betray his principles in these talks because he did not have the principle of asking for a debt write-down in the talks. His argument was to ask what was the point in asking for something or...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: It was the Irish people who gave up the claim, a claim that was never enforced when people were being burnt out of their houses through successive governments in which the Minister and Fianna Fáil were involved. That said, for the first time ever there is a legal pathway for a united Ireland to exist. The British Government is committed to bringing about a united Ireland if the people...

Promissory Notes: Motion (12 Feb 2013)

Pearse Doherty: The question needs to be asked as to what step forward the Minister has made here. If the principle was that this debt should not be placed on the shoulders of the Irish people, how has this agreement brought us forward one iota? The reality is that last Wednesday this House, in an echo of Fianna Fáil's most disastrous spell, rushed through far-reaching banking legislation that will...

Written Answers — Department of Foreign Affairs and Trade: EU Presidency Expenditure (12 Feb 2013)

Pearse Doherty: To ask the Tánaiste and Minister for Foreign Affairs and Trade if he will confirm the estimate of the overall cost of the EU Presidency website, EU2013.ie; if he will provide a breakdown of costs showing the purpose of the cost, the supplier when available and the date on which it is expected the cost will be incurred; if he will outline the steps that he undertook to ensure that the...

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial of two men in Britain who were convicted of defrauding Allied Irish Bank in a scheme whereby £740 million has been advanced by AIB based on bogus documents, if he will outline the response by AIB to the fraud; the steps that have been taken to prevent a reoccurrence of such a fraud; and if he will outline any sanctions...

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial or two men in Britain who were convicted of defrauding Allied Irish Bank in a scheme whereby £740 million had been advanced by AIB based on bogus documents, if he will confirm the bank's policy with respect to accepting hospitality from borrowers; and if he will provide an assessment as to whether the hospitality...

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial or two men in Britain who were convicted of defrauding Allied Irish Bank, if he will provide an estimate of bonuses and commissions paid to its employees relating to the advancing of the loans. [6620/13]

Written Answers — Department of Finance: Banking Sector Regulation (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance following the conclusion of the trial of two men in Britain who were convicted of defrauding Allied Irish Banks if he will outline the way AIB ensured that it maximized the sale price in the disposal of the portfolio of properties subject to the loans to Green Property; the way the portfolio was marketed to ensure potential purchasers were aware of the sale;...

Written Answers — Department of Finance: Promissory Note Negotiations (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if he will confirm if a technical paper on resolving Ireland’s bank-related debt was ultimately finalised in conjunction with the bailout Troika of the IMF, EU and ECB for submission to principals of the Troika as indicated by An Taoiseach when he stated the troika stated it would produce a technical paper on this issue which is of such importance to the...

Written Answers — Department of Finance: Promissory Note Negotiations (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if a specific technical paper has been produced on the promissory notes by the Troika and the Government. [6623/13]

Written Answers — Department of Finance: Contingent Capital Notes (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the announcement of his Department that negotiations to sell €500m - €1bn of Bank of Ireland contingent capital notes had concluded, if he will provide an assessment of the impact of the transaction on the prospects of securing a deal to recoup at a European level other sums used to bailout the banks. [6624/13]

Written Answers — Department of Finance: NAMA Loans (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance if he will confirm if the National Asset Management Agency provides so-called staple finance or vendor finance to purchasers of its loans, as opposed to purchasers of its real estate property. [6625/13]

Written Answers — Department of Finance: Social Insurance Fund (12 Feb 2013)

Pearse Doherty: To ask the Minister for Finance further to the publication of the December 2012 Exchequer Statement if he will explain the €300m entitled Repayment of Loans to Social Insurance Fund; if he will confirm if there are further loans outstanding from the Social Insurance Fund; and if so, the amount and the scheduled repayment dates. [6627/13]