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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: Not the restructured agreement?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: I will give the deputation a sense of the response from the public when we do that. I will outline a case that touches on the point. I am not going into detail but I want you to understand the effect it has. A borrower who was with Permanent TSB for the past ten years got a letter from the bank at the beginning of August saying the mortgage had been transferred. The borrower fell into...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: You might provide a spreadsheet of general information on that, if you can, Mr. Masding.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: You might let us have the basis of that, Mr. Masding. What we are asking for is a generalised set of figures.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: I would appreciate if you would not mind going back.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: You gave a "No" answer to most of the questions today rather than a "Yes" or rather than even being informative. I am asking you to facilitate Deputy Burton by allowing the committee the extent of the information that you can give us relative to the question that she asked. We will finish up now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: We would welcome the information we have asked you for in a timely fashion, Mr. Masding, if you do not mind.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

John McGuinness: I wish to make it clear for those borrowers who are caught up in this. It is my belief that the opening statement has been constructed in such a way as to almost deliberately mislead people into believing that there is regulation in this area, that it is all okay and that the bank did its best for the taxpayer. I completely reject these parts of your opening statement, Mr. Masding. They...

Written Answers — Department of Finance: Illicit Trade (11 Oct 2018)

John McGuinness: 49. To ask the Minister for Finance if he is satisfied that there is sufficient staff at Irish ports and airports to monitor single parcel consignments entering the country, particularly from non-EU countries; if he has quantified the effect of illegal imports on the market; and if he will make a statement on the matter. [41593/18]

Written Answers — Department of Justice and Equality: Criminal Injuries Compensation Tribunal Applications (11 Oct 2018)

John McGuinness: 68. To ask the Tánaiste and Minister for Justice and Equality the timeframe for processing an application to the Criminal Injuries Compensation Tribunal by a person (details supplied); and the process involved. [41590/18]

Written Answers — Department of Health: Medical Card Applications (11 Oct 2018)

John McGuinness: 111. To ask the Minister for Health the reason a medical card has not issued to a person (details supplied). [41591/18]

Written Answers — Department of Employment Affairs and Social Protection: Community Employment Schemes Supervisors (11 Oct 2018)

John McGuinness: 200. To ask the Minister for Employment Affairs and Social Protection the progress made in putting in place a pension scheme for community employment supervisors as outlined in a recent Dáil Éireann motion which was passed on the matter. [41592/18]

Written Answers — Department of Finance: Tax Compliance (9 Oct 2018)

John McGuinness: 48. To ask the Minister for Finance if a person (details supplied) is on the correct rate of tax with regard to their pension. [40618/18]

Written Answers — Department of Health: Medicinal Products Availability (9 Oct 2018)

John McGuinness: 223. To ask the Minister for Health if the drug niraparib will be made available to a person (details supplied) in view of the fact that they are platinum resistant and due to this were refused access to the drug by the compassionate access programme; if his attention has been drawn to the fact that the drug is available in the UK and Europe for both sets of patients; and if the matter will...

Written Answers — Department of Employment Affairs and Social Protection: Illness Benefit Applications (9 Oct 2018)

John McGuinness: 473. To ask the Minister for Employment Affairs and Social Protection if a request for a full review of the benefit paid to a person (details supplied) from 2009 to 2011 will be expedited; if full benefit will continue to be paid to them during the appeal process; and the way in which a matter such as this can be pursued seven years later in view of the circumstances of the case and the fact...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland (4 Oct 2018)

John McGuinness: We will now deal with the examination of the Behaviour and Culture of the Irish Retail Banks report and our quarterly engagement with the Governor of the Central Bank, Professor Lane. I welcome him and his colleagues to the meeting. We will first deal with the culture report on the banks and I understand Professor Lane has an opening statement in this regard. We may then break for ten...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland (4 Oct 2018)

John McGuinness: There is no mention in Professor Lane's opening statement of sanctions against banks if they continue to ignore the drive for a better culture and focus. In the last paragraph he says that it is now up to the Oireachtas to consider and approve the reform. What does he mean by that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland (4 Oct 2018)

John McGuinness: Deputy Pearse Doherty has introduced a Bill to deal with this matter. Is Professor Lane saying that arising from this report what is required next is legislation? No sanctions are recommended in the report for banks that ignore the Central Bank. Could he or Ms Rowland elaborate on that for members?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland (4 Oct 2018)

John McGuinness: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland (4 Oct 2018)

John McGuinness: I thank Ms Rowland.