Results 12,941-12,960 of 36,762 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Fair enough. I presume the witnesses can say if any member of Permanent TSB has been demoted as a result of this, what I call, theft? This institution took customers' money, it broke the law in the process of doing so and it was forced to return it. Do the witnesses know if any bank official has been demoted as a result of this?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Individual accountability, if it happens at all, will happen in different stages because the Central Bank investigations into the individual banks are happening at different stages. The first bank to be investigated was Permanent TSB. It is the institution that fought its customers all the way to the steps of the Supreme Court to try to block and frustrate the wider investigation. When are...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: I am not looking for a date. Will it be this year, next year or the year after? When should we be-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: I appreciate that and the challenges in terms of somebody challenging the bank, but the enforcement procedure and the fine has been levelled against PTSB, so I am just discussing PTSB, because we would expect and anticipate that if there was individual accountability, it would be in PTSB first as it is more advanced in this regard. Are we likely to hear of a decision this year, next year, in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Is the Central Bank hopeful that it will be able to hold individuals accountable for what happened in the tracker mortgage scandal?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: That is okay. On evidence that the Central Bank has uncovered so far, has it had cause to meet with the Garda in relation to some of that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: On the 80 people Ms Cunningham mentioned, who have been challenged and where applications have been withdrawn as a result of fitness and probity, are they all banking applications? Are we looking at certain credit unions also?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: How many of the 11 banks affected by the tracker mortgage scandal are we talking about in terms of the 80 people?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Was the challenge on the basis of the tracker mortgage?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Can this be applied only in relation to the appointment of an individual to a post within a bank or the promotion to another position? For example, if the Central Bank was of the view a director or the chief executive officer of a bank was not fit as a result of its suspicions or the evidence it had to hold a position, could it employ fitness and probity, or would it have to wait for that...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: That has not happened.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Can I just make one point before I conclude? I wrote to the Governor of the Central Bank last May. There were two parts to what I wrote. One part was a protected disclosure, which the Central Bank is investigating, but the other part, which I am happy to talk about, was in relation to an out-of-court settlement that happened in respect of Permanent TSB and a prevailing rate case. This was...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: That is fair enough.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: The Central Bank has asked Permanent TSB about that specific case.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: I will be finishing on this but if we could just have clarity, there are a lot of people watching who believe this case was really a possibility to open up their cases that are before the Financial Services and Pensions Ombudsman. Ms Rowland stated that the Central Bank has access to the details on this case. Does it have access to all of the cases?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Including the case I have brought to Ms Rowland's attention.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Ms Rowland stated that the Central Bank is looking at these cases to see if there is a cohort affected. Has the Central Bank concluded that this out-of-court settlement does not affect a wider cohort or is this still a matter that is under consideration by the Central Bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: Is this case still under consideration? I need to know if that is the case. Is the settlement here-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: I really appreciate that but I think it would very helpful to get an answer for the committee.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
Pearse Doherty: There are also statements on Dáil divisions.