Results 421-440 of 36,033 for speaker:Pearse Doherty

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: Is Mr. McDonagh aware of the role he will take up in the NTMA at this point?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: Regarding the contract Mr. McDonagh has, can we ask about that? He is the accountable person at this point. He is paid by the NTMA, so we are dealing with the contract he has at the minute. Does his contract have a clause in it that allows for a salary reduction?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: In his contract, Mr. McDonagh is allowed to take a bonus of up 60% of his wages. Is that correct?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: Mr. McDonagh has waived that bonus in the last number of years, I think, if not all of the years.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: When he goes back to the NTMA he will not be an accountable person so we will never know what he is getting. Will we ever find out if he is getting the 60% bonus as well?

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: The NTMA did not turn up to answer these questions.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: I understand it is not of Mr. McDonagh's making but the point is that the Taoiseach of this country stood up in the Dáil and said it would not cost the State any more money because the individual who was to be appointed housing tsar, namely, Mr. McDonagh, was going to be on this salary of €430,000 anyway. Then we had the Minister for Finance commenting on Mr. McDonagh's salary...

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: That is why I am asking and giving Mr. McDonagh the opportunity to correct the record and put his own facts on the table.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: That is fine. I thank Mr. McDonagh for that. The public will look in and say in some cases when they are paying hundreds of thousands of euro for State employees, some of it is not private anymore. We have a job to do there but I understand Mr. McDonagh has come here and answered the question. I will put a question to Mr. McDonagh regarding NAMA's accounts in 2021. He said that one of...

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: It was not openly marketed either. Is that correct, from Mr. McDonagh's memory? It was sold privately.

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Dissolution of National Asset Management Agency: Discussion (21 May 2025)

Pearse Doherty: I look forward to reading that.

Written Answers — Department of Finance: Financial Services (21 May 2025)

Pearse Doherty: 35. To ask the Minister for Finance to clarify that credit servicing firms, regulated by the central Bank of Ireland, are permitted to hold legal title of mortgages without owning the loan related to the mortgage; and if he will make a statement on the matter. [26347/25]

Written Answers — Department of Finance: Financial Services (21 May 2025)

Pearse Doherty: 42. To ask the Minister for Finance further to Parliamentary Question No.54 of 14 May 2025, to clarify that his Department nor the central Bank of Ireland is aware or collects the data in relation to the number of legal titles held by credit servicing firms in relation to Irish property; and if he will make a statement on the matter. [26365/25]

Written Answers — Department of Finance: Financial Services (21 May 2025)

Pearse Doherty: 36. To ask the Minister for Finance to clarify when a loan related to a mortgage is sold to a section 110 special purpose vehicle and the legal title is transferred to a credit servicing firm, which party is responsible under subsection (5A), provided in section 110, provided no exemptions apply for the tax liabilities on revenue generated from specified mortgages; and if he will make a...

Written Answers — Department of Finance: Financial Services (21 May 2025)

Pearse Doherty: 37. To ask the Minister for Finance to provide the total number of S110 special purpose vehicles that hold ownership of mortgage loans which qualify as specified mortgages under subsection 5A each year since 2017 irrespective of any exemptions; and if he will make a statement on the matter. [26351/25]

Written Answers — Department of Finance: Financial Services (21 May 2025)

Pearse Doherty: 38. To ask the Minister for Finance further to Parliamentary Question No. 53 of 14 May 2025, the total number of loans related to specified mortgages held by the S110 special purpose vehicle listed as having a non-deductible interest under 5A(d) each year; and if he will make a statement on the matter. [26359/25]

Written Answers — Department of Finance: Insurance Coverage (21 May 2025)

Pearse Doherty: 39. To ask the Minister for Finance if insurance companies providing home insurance under the consumer protection code are required to inform customers if they are under insured and of the consequences of being underinsured; and if he will make a statement on the matter. [26360/25]

Written Answers — Department of Finance: National Asset Management Agency (21 May 2025)

Pearse Doherty: 40. To ask the Minister for Finance further to Parliamentary Question No. 292 of 8 May 2025, to clarify that the current CEO of NAMA will not transfer to the resolution unit; if a pathway for return to NTMA without being part of the resolution unit will be provided for the current CEO of NAMA or any other NAMA staff; and if he will make a statement on the matter. [26362/25]

Written Answers — Department of Finance: Dormant Accounts Fund (21 May 2025)

Pearse Doherty: 41. To ask the Minister for Finance if he will design and set up a dormant funds scheme for dormant investment funds in the State which currently hold €102 million and not leave the assessment of the feasibility and design to the funds industry; and if he will make a statement on the matter. [26364/25]

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (21 May 2025)

Pearse Doherty: 45. To ask the Minister for Public Expenditure and Reform the cost of the consultancy report by a company (details supplied) into overspending at the OPW, concluded in 2025; and if he will make a statement on the matter. [26350/25]