Results 13,301-13,320 of 26,042 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Kieran O'Donnell: I will outline the context because I have limited time. The context is that many of the loans were backed by the value of the core asset, be it the farm or business. Many of the borrowers now feel they are being held over a barrel by the banks in that the banks are seeking to realise the value of their debt through the sale of the asset that constitutes their livelihood. Has AIB written...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Kieran O'Donnell: Will the bank write off debt-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Kieran O'Donnell: -----to the point where it allows the core asset to remain unaffected such that the borrower may be allowed to get on with his business?
- Seanad: Order of Business (23 Jan 2018)
Kieran O'Donnell: The big House.
- Seanad: Life Saving Equipment Bill 2017: Second Stage (23 Jan 2018)
Kieran O'Donnell: This is a good Bill. Senator Swanick has a background in general practice and is bringing the skill set he acquired before his election to the Seanad to this legislation. I represent Limerick city where, at the start of this year, a defibrillator was vandalised and broken. It has been purchased with funds raised by the South City Residents Association which is based in the O'Connell Avenue...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: I welcome Professor Lane and his colleagues. I want to clarify a couple of housekeeping issues. Where precisely do we stand at the moment? I refer to the Central Bank's report that came in at the end of the year, where 26,600 customers were identified, on top of the 7,100 who were separate. That is a total of 33,700. Of those 26,600 customers, 13,000 of those were identified up to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: I refer to the numbers. Is a line drawn in the sand? Does Professor Lane believe that 26,600 is the full and final number of trackers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: To what figure?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: Put a figure on it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: No, but-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: It is at 26,600 at the moment. Does the Central Bank anticipate that figure will go to 30,000?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: The witness believes-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: It will not be above 30,000.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: When is it anticipated that a point will be reached where the Central Bank will be able to tell the public and the people who are affected by trackers, that we now know the number of people who are affected by the tracker mortgage scandal?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: Can I just clarify one small point? The people is watching this. People are telephoning us and are talking about the detail. Of the 26,600, we know that 13,000 of those were there since October. Another 13,600 have been found since, to the end of the year. Who precisely are the 7,100?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: There is confusion around that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: With respect to the witness, that is like saying when a bomb goes off that we found a bomb. Professor Lane is saying that they were not found and that they were there. However, they would never have come to light unless they were found. The banks would have driven on and said that this was not going on. It was extremely profitable for them to ignore it. The banks were found out. Is it...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: I want to go into the 7,100. Will the Governor explain who they are?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: In summary.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: Were they----