Results 5,541-5,560 of 6,604 for speaker:Ruth Coppinger

Other Questions: Economic Policy (7 May 2015)

Ruth Coppinger: -----with the fact that we are going to see a 1% decrease in public spending?

Ceisteanna - Questions - Priority Questions: Private Rented Accommodation Eviction (7 May 2015)

Ruth Coppinger: If the bank and the receiver decide to sell the property, the tenant can do nothing about it. I am all in favour of the bank continuing to rent to the tenant in situ but the banks are not doing that because the Minister, the Government and the banks have set targets for repossessing properties. With house prices rising, it is worthwhile for the banks to sell properties and reduce the debt...

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: 7. To ask the Minister for Finance the projected value of National Asset Management Agency bonds to be redeemed for each year from 2015 to 2018, broken down by bank. [17575/15]

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: My question relates to the value of NAMA bonds to be redeemed for year from 2015 to 2018, broken down on a bank by bank basis, and the cost of NAMA to the State.

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: The entire matter of NAMA needs to be reviewed. Beginning in March 2010, NAMA purchased loans from five banks for par value or the total borrower debt owed on them in October 2009, which amounted to €74.4 billion. It paid for the loans with NAMA bonds carrying a face value of €31.8 billion. As the bonds were guaranteed by the then Minister for Finance, they are effectively...

Other Questions: NAMA Bonds (7 May 2015)

Ruth Coppinger: The hope is that NAMA will make money but when NAMA refers to making a profit, it means that it hopes to recoup more than €31.8 billion from the NAMA bonds it gave the banks for the loans, as well as interest on the bonds and its running costs. However, this ignores the loss of €39.6 billion that the State incurred through the State owned banks because of the 57% haircut...

Ceisteanna - Questions - Priority Questions: Private Rented Accommodation Eviction (7 May 2015)

Ruth Coppinger: 5. To ask the Minister for Finance if he will report on the practice of banks evicting sitting tenants of repossessed buy-to-let properties; his plans to instruct the banks or introduce legislative change to oblige banks to honour existing leases; and if he will make a statement on the matter. [17840/15]

Ceisteanna - Questions - Priority Questions: Private Rented Accommodation Eviction (7 May 2015)

Ruth Coppinger: I wish to ask about the policy of banks repossessing homes that, though buy-to-lets, have tenants, sometimes of many years. These tenants are now becoming homeless. I have several cases involving families that are in hotels, sleeping in cars or sofa surfing, as it is called. I put it to the Minister that encouraging banks to repossess homes while prices are rising is a sanctioned...

Ceisteanna - Questions - Priority Questions: Private Rented Accommodation Eviction (7 May 2015)

Ruth Coppinger: Under our laws, there is nothing that a tenant can do if a bank or landlord - the owner of a property - decides to sell it. After due process has been followed, the tenant must vacate the property. Buy-to-lets are the homes of the people renting them, but those people are the group most likely to suffer from poverty and most in danger of becoming homeless because they cannot find...

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: The Minister has appointed KPMG to investigate a sale in which it was involved. Many of its directors also had links with Siteserv. This is an old boys network that is in place. Two weeks ago, the Tánaiste told myself and other Deputies that there would be an independent inquiry into this by a competent authority and now we have KPMG investigating itself. Can the Minister say why...

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: How can this be an independent inquiry? In regard to the Minister's role, in any other state, even under capitalist democracy, he would be gone because he has told two different stories.

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: The Minister has misled the Dáil. He told-----

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: Obviously, the Minister was very concerned about this sale but-----

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: -----in response to 19 questions from several Deputies he said that there was nothing to see and we should move along. He has embarked on a path-----

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: I am just finishing now.

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: Can the Minister say why he has told two different stories?

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: What allegations, a Cheann Comhairle?

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: It is obvious the Minister misled the Dáil in his response to questions.

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: We are finding that out through freedom of information requests now. We can say it.

Ceisteanna - Questions - Priority Questions: IBRC Operations (7 May 2015)

Ruth Coppinger: Obviously, we are not going to get to the truth as long as you are in the Chair.