Results 5,501-5,520 of 10,460 for speaker:Gerry Horkan
- Seanad: Withdrawal of the United Kingdom from the European Union: Statements (6 Nov 2019)
Gerry Horkan: I welcome the Tánaiste and Minister for Foreign Affairs and Trade, Deputy Simon Coveney, back to the House.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Can I ask Deputy Doherty to conclude?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: I cannot let the Deputy continue. There are other members who wish to contribute. The Deputy has had 27 minutes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: I will try to let the Deputy back in again but we need to move on to Senator Kieran O'Donnell.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: I thank the witnesses for attending, for their opening remarks and for the final report on the tracker scandal. It is a scandal. There is no point in trying to dress it up and saying that it is not. It is a terrible reflection of how banking was operating at the time. While there has been a cleanup, redress, compensation and so forth, 40,500 households were involved. These were not just...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: I accept that banks can introduce products, remove products and change their offering. A person who wants to get out of a contract with a bank will usually be told by the bank that certain terms and conditions apply. It is not easy for a person to walk away from an agreement with the bank. The witnesses are saying that, at the time, the banks were changing customers' terms and conditions...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: That is purely a systems failure.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Is that one of the reasons for the increase in the number affected from 20,000 to 40,000 customers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Is Ms Rowland saying that she is confident that the banks were not colluding or discussing how to get out of the mess they got themselves into? Did they all operate independently because it was the obvious thing to do?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: There was a culture that basically said it was okay to do these things.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: I thank Ms Rowland for acknowledging that. While I know it is not in Ms Rowland's statement today, the narrative to date regarding the €693 million cost has been that this has been a cost to the banks. Most of the money that was given back was money the banks should never have had in the first place. It should always have been in the hands of the consumers. Do we have a breakdown...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Does that €1 billion figure include the €693 million?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Redress and compensation are two such headings.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Are the costs incurred by the Central Bank in dealing with this matter met through its funding from the Exchequer?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Gerry Horkan: Perhaps the witnesses can give a breakdown of the €693 million in 30 seconds.
- Seanad: An tOrd Gnó - Order of Business (23 Oct 2019)
Gerry Horkan: I, too, want to briefly mention the British-Irish Parliamentary Assembly, which was attended by many Members of these Houses, including the Leas-Cathaoirleach, Senator Ó Donnghaile and me, as well as members from Westminster, Scotland, Northern Ireland and Wales.
- Seanad: An tOrd Gnó - Order of Business (23 Oct 2019)
Gerry Horkan: The Leas-Cathaoirleach was not too bad himself.
- Seanad: An tOrd Gnó - Order of Business (23 Oct 2019)
Gerry Horkan: Unfortunately, we did not have the pleasure of their company for the full two days due to proceedings in Westminster. They could have stayed a bit longer, although they did not know that at the time.
- Seanad: An tOrd Gnó - Order of Business (23 Oct 2019)
Gerry Horkan: I intended raising another topic but no one had mentioned the British-Irish Parliamentary Assembly, which is an important body. It was useful to have quiet meetings and side meetings. I know the Leas-Cathaoirleach has been distracted by Senator Devine but BIPA will be 30 years old next year, and it has been a very useful body. I do not know whether the Leader was ever a member of that...
- Seanad: Death of Former Member: Expressions of Sympathy (23 Oct 2019)
Gerry Horkan: It would not happen during statements anyway.