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Topical Issue Debate: Protected Disclosures (10 Jul 2018)

John McGuinness: Only now; they covered it up.

Topical Issue Debate: Protected Disclosures (10 Jul 2018)

John McGuinness: They have them.

Topical Issue Debate: Protected Disclosures (10 Jul 2018)

John McGuinness: I have read over the minutes of the meeting at which this was raised. My experience of this case informs me that the Committee of Public Accounts was grossly misled, perhaps deliberately. I can say as much from my experience of the case and from reading the minutes. The vice president of this particular institution is responsible for finance and human resources. He acknowledges receipt...

Affordable Housing and Fair Mortgage Bill 2018: First Stage (10 Jul 2018)

John McGuinness: I move:That leave be granted to introduce a Bill entitled an Act to highlight the State's adherance to EU law and the European Convention on Human Rights in regard to the present emergency in the housing sector and, in particular, in dealing with mortgage arrears; to provide for a platform for an open market - “the national affordable cooperative housing exchange” - in which...

Affordable Housing and Fair Mortgage Bill 2018: First Stage (10 Jul 2018)

John McGuinness: What is happening has to stop. As parliamentarians, we have a choice. We can go down the tired old political route, which is stale and out of date, and protect the status quo. We can ignore all of what is happening in our courts. We can ignore all of the evictions and repossessions. We can ignore people that are in distress with their mortgage and living with a very poor quality of life....

Affordable Housing and Fair Mortgage Bill 2018: First Stage (10 Jul 2018)

John McGuinness: I invite Members to go to any of the courts or to attend any meetings involving the vulture funds. One can see how arrogant and aggressive they are, and how their lack of understanding is pitted against ordinary individuals and gives them no chance whatsoever. The people have turned to us and to this House. Mr. Edmund Honohan and Right2Homes have given us the option to take this Bill on...

Affordable Housing and Fair Mortgage Bill 2018: First Stage (10 Jul 2018)

John McGuinness: Those with family farms are next.

Affordable Housing and Fair Mortgage Bill 2018: First Stage (10 Jul 2018)

John McGuinness: The banks are queuing up to bring people to court. My answer to all of that is to call on this House to say "No" to vulture funds and to say "Yes" to families and to keeping them in their homes. I ask Members to support this Bill. Debate the Bill, amend it and add to it. I invite Members to do what they like to improve it, but please bring it to the House for a full debate. I am...

Affordable Housing and Fair Mortgage Bill 2018: First Stage (10 Jul 2018)

John McGuinness: I move: "That the Bill be taken in Private Members' time." If it is possible to debate the Bill in Government time, I would like that to be considered as well.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: I am sorry for going back as far as Irish Intercontinental Bank, IIB, but I would like to get this clear in my head. How many companies operate within KBC? Is it only KBC Bank, with KBC having taken over other entities associated with IIB such as IIB Homeloans and IIB Finance? Where does the legal documentation stand in relation to IIB?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: Are any of IIB's entities still operated by KBC?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: What are they?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: Is it IIB Finance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: Please do so. Are these entities licensed by the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: How would the others be described if they do not have a licence?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: Are they unregulated?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: I understand that, but they are active.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: In that case, what are they?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: In that case, are they not commercial?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

John McGuinness: That is the point I was trying to make.

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