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Select Committee on Education and Skills: Estimates for Public Services 2023
Vote 45 - Further and Higher Education, Research, Innovation and Science (Revised)
(1 Feb 2023)

Jim O'Callaghan: I thank the Minister of State for coming before the committee and, like the rest of the committee members, I support the Revised Estimates. I welcome the €80 million being provided for evaluation, quality and inspection supports to students. I was going to ask the Minister of State about student accommodation issues and I know a lot is being done about that in University College...

Select Committee on Education and Skills: Estimates for Public Services 2023
Vote 45 - Further and Higher Education, Research, Innovation and Science (Revised)
(1 Feb 2023)

Jim O'Callaghan: It was a place where many mathematicians, particularly those who being persecuted by the Nazis, came to Ireland in the late 1930s and early 1940s. They received sanctuary and brought their expertise here. I ask the Minister of State to come out for a visit and will finish now for the vote.

Select Committee on Education and Skills: Estimates for Public Services 2023
Vote 45 - Further and Higher Education, Research, Innovation and Science (Revised)
(1 Feb 2023)

Jim O'Callaghan: Yes, we can finish now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: I welcome our guests. I suspect this may be our last rendezvous so I thank them for coming before us. I am not saying it has to be, but I suspect it may be our last meeting with them. I will continue with Ulster Bank. I am sorry that all the questions seem to be directed towards Ms Howard and Ms Arnett. I am sure we will get to KBC in due course. Of the 126,000 accounts that Ulster...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: What is the highest amount in an account?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Does Ms Howard know the total amount held in all 126,000 accounts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Is it more than €1 million in total across the 126,000 accounts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Are many of the accounts held by non-residents?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Of those 20,000, who could be described as very loyal customers, is it the case that Ulster Bank simply cannot get rid of them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Does Ms Howard think there is a general awareness on the part of those 20,000 customers, but they simply will not take any active steps themselves?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: How many other staff does Ulster Bank have? What is its plan in respect of redundancies for them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Ultimately, every member of staff will either be made redundant or will go elsewhere voluntarily.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: What is the final date for when the last of the redundancies will be completed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Will Ulster Bank hand back its licence to the Central Bank as the final act in its wind-down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: What is the quantity of money in the accounts that KBC has frozen?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with Ulster Bank and KBC Bank Ireland (1 Feb 2023)

Jim O'Callaghan: Are many of them non-resident account holders?

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