Results 12,501-12,520 of 16,285 for speaker:Peadar Tóibín

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: I understand the logic of the bank not wanting to give write-downs lest that becomes a practice within the market and it is not possible to provide write-downs for many people. We hear regularly from banks that they deal with people on a case-by-case basis. There are cases where an individual or family would be able to deal with, say, two thirds of the debt owed but cannot deal with 100% of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: Would it be possible for the bank to take equity in a house in a similar situation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: There would be equity splits in certain types of mortgages with certain organisations.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: From the customer's perspective, this looks like one rule for corporate Ireland and a different rule for families in Ireland.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: In comparison with other banks, Bank of Ireland has had good results in terms of its level of arrears. Is it the case that the bank entered this phase with that advantage or is it the case that the manner in which the bank has managed the process has given it that advantage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: Mortgage to rent appears to be the big failure in the whole process. Allied Irish Bank appeared before the committee last week, at which time its representatives indicated that zero mortgage to rent cases have been concluded by that bank. I note from Bank of Ireland's results that it has completed five cases. Where does the problem lie and how can it be fixed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: Are some counties worse than others with regard to mortgage to rent schemes or is there an uneven experience?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: The witnesses mentioned that the bank was only involved on a small number of occasions in buying or selling loan books. ICS and the IBRC were mentioned.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: What about selling?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: The following issue may not directly affect the Bank of Ireland but the witnesses may be able to shed some light on the regulation from the Central Bank. Allegations have been made that banks have sold loans to third parties for far less than what the debtor was originally happy to agree in an arrangement with the bank. The logic is that the debtor - the householder or businessperson -...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland (29 Apr 2015)

Peadar Tóibín: My final comments go back to the residual debt question that has been asked previously. It is quite shocking that Bank of Ireland is chasing residual debt, potentially, from a homeless person. Is there a cut-off period? For example, if I surrendered my home and there was residual debt of €100,000, would Bank of Ireland after seven years come to an understanding that there is no...

Mortgage Arrears and Repossessions: Motion [Private Members] (28 Apr 2015)

Peadar Tóibín: The Deputy should go back to the crèche.

Mortgage Arrears and Repossessions: Motion [Private Members] (28 Apr 2015)

Peadar Tóibín: This Government has been in power for four years.

Mortgage Arrears and Repossessions: Motion [Private Members] (28 Apr 2015)

Peadar Tóibín: Ba mhaith liom fáilte a chur roimh an rún seo agus ba mhaith liom buíochas a ghabháil don Grúpa Teicniúil as é a fhoilsiú. It is mind-boggling that despite four years in government, Fine Gael and the Labour Party continue to fail struggling families. As of last month, there were some 7,100 civil bills for repossessions throughout this State, some...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Peadar Tóibín: I move amendment No. 6:In page 12, between lines 11 and 12, to insert the following:“(6) The Minister shall provide regulations as to how these controls are applied to foreign military aircraft which land within the State.”. What are the arrangements in regard to customs when a foreign military ship or aeroplane arrives in the State?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Peadar Tóibín: The Minister of State has given a clean and tidy answer but as he will know, the practical working of the status quois that hundreds of thousands of US troops go through Irish airspace and airports. Shannon Airport is the prime example. This has led to the killing of tens of thousands, if not hundreds of thousands of people in other lands. This country had a proud history of neutrality....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Peadar Tóibín: I appreciate that it is a customs Bill. However, these aircraft are given a customs pass in that there is no effective effort whatsoever to search or ascertain their content. Approximately six weeks ago, Sinn Féin tabled a Bill with regard to Ireland's neutrality. It is important we focus on these issues. I understand why the Minister of State does not propose to accept these...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Peadar Tóibín: Amnesty International has brought to the attention of Government six aircraft that have been used for rendition in Shannon. There is ample allegation and substantiated evidence to show this activity has been carried on. However, I understand we are at an impasse here.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Peadar Tóibín: I move amendment No. 7:In page 12, between lines 11 and 12, to insert the following: "(6) The Minister shall provide regulations as to how these controls are applied to foreign military naval craft which land within the State.".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Peadar Tóibín: In the real world, knowledge levels are often quite low with regard to customs and excise. Many people unwittingly find themselves in a very difficult position maybe on returning from a shopping trip to New York if they have a laptop or dress too many. Citizens have contacted us who felt they were treated like criminals because they lacked information. There was very little communication...