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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Ulster Bank will therefore treat them consistently regardless of whether they took out their mortgages before or after the introduction of the code.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: I assume this cohort is coming down to interpretation of individual agreements, that that is the range.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Mr. Stanley is stating that there will be new-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: How long before that group of victims who had tracker mortgages will be paid and compensated?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Is it fair to say that of the 3,500 customers, 1,214 have been paid and compensated to date?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Has Ulster Bank previously given timelines for the others? I have just said that the balance of 2,300 would be paid by the end of June of this year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Of the 3,500 Ulster Bank has identified, 1,200 have been paid. That leaves the bank a balance of 2,300.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Regarding the other group that has been identified, when does Mr. Stanley anticipate that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: I know what Mr. Stanley is saying but I would have thought people were entitled to some indication as to when they will be paid and compensated.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: If Ulster Bank concludes those discussions by, say, the end of February, that leaves the bank with March, April, May - four months to the end of June. Can Ulster Bank bring a conclusion to this for the people affected?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Why is it taking so long? Mr. Stanley keeps going on about legacy systems and so forth. Why are we here today having to tussle with him to extract what is basic information? If the roles were reversed and I were the customer and he were the banker pursuing me for my mortgage, I do not think he would be as civil, and that is the core of the problem. The ordinary person out there is saying...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Can Mr. Stanley explain why-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: -----it has taken this long? Why are we having to pursue the banks? If Padraic Kissane and his tracker victims had not come in here, what would have happened? It was the human story that opened the lid fully. Why are the banks behaving like this when it is eroding goodwill? In the scheme of things for the overall banking system, the sum is not enormous. Why are they doing that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: I am not asking Mr. Stanley to do that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Does Mr. Stanley believe Ulster Bank owes an apology to the tracker mortgage victims?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: I thank Mr. Stanley.

Seanad: Emergency Department Waiting Times: Statements (31 Jan 2018)

Kieran O'Donnell: I thank Senator Colm Burke for sharing time. The Minister will have a fair idea of what I wish to raise. It is the urgent need to build a 96 acute bed unit in University Hospital Limerick. The Minister is aware of that. A new accident and emergency department has opened and it is making an enormous difference, but there is still a bed capacity issue. The new accident and emergency...

Seanad: Vehicle Registration Data (Automated Searching and Exchange) Bill 2018: Second Stage (31 Jan 2018)

Kieran O'Donnell: Will the Minister conclude?

Seanad: Vehicle Registration Data (Automated Searching and Exchange) Bill 2018: Second Stage (31 Jan 2018)

Kieran O'Donnell: I thank the Minister.

Seanad: Vehicle Registration Data (Automated Searching and Exchange) Bill 2018: Second Stage (31 Jan 2018)

Kieran O'Donnell: When is it proposed to take Committee Stage?

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