Results 7,081-7,100 of 36,118 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: For what reason are the board papers of AIB sent to the Minister and his Department?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Is the Minister saying that when the official was made aware that AIB proposed to withdraw cash services from 70 branches, he or she kept that information to himself or herself?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: The Minister says that the official was not aware of the public impact of this at the time. Obviously, the public across the State, nearly to a man and to a child, was against this proposal. It caused deep outrage and anger. Was the official aware from the board pack that there was a proposal before the board meeting to withdraw cash services from 70 branches in AIB?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Hang on. Let me get this right. The Minister has said that the Department was not aware of the impact that this would have on the public because the official did not read that at that time. However, the CEO of the bank told us that the papers sent to the Minister and the Department included the board papers which proposed to withdraw cash services from 70 branches of AIB. Is the CEO...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Okay so-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: That is fine. I appreciate that it was not a one-item board.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Hang on a second. I am just pulling the Minister up on this here. The Department was made aware of this before the board met. Let us deal with accuracy here. I have done the freedom of information request. I know the communication that the Department received on the Friday; it was the press release that was issuing. Let us be fair. The CEO came in here and told us that the board pack...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Facts.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: No.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: I am not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Just to help the Minister, I am not suggesting that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: That was meant for-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: I am not disputing that. That is what I was trying to get to in the first instance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: No, it is not but let me make the point-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: I am not trying to do that. With respect, the Minister should let me ask the question. The question I asked the Minister in the first instance was whether his official was made aware of this plan before the board meeting and, if so, whether it is the case that he or she did not inform the Minister of it. If I were in the Minister's position as Minister for Finance, and I discovered that an...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: Does the Minister believe that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: The Government's junior Ministers have been on the radio saying that this has caused reputational issues for the bank. Does the Minister for Finance believe that proceeding with that move caused reputational issues for the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: I am sure the Minister knows the reason I am asking him this question. The issue of reputational impact to the bank is a significant one, is it not? If the Minister believed it would have a reputational impact on the bank, it is significant. Is that not the case? The junior Ministers are right that it caused reputational damage to the bank. The Taoiseach called on the bank to reverse the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: No, it is not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)
Pearse Doherty: It is not for the bank to decide. The relationship framework is between the State and the bank. It is for both parties. The relationship framework is very clear. A matter is material, and therefore triggers the Minister's involvement, if "it is likely to create clear and significant reputational issues for ... the Bank". This decision caused such issues. The Minister could and should...