Results 13,301-13,320 of 26,037 for speaker:Kieran O'Donnell
- 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----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: The total amount of compensation and redress they have been given is €47 million.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: On the face of it, that figure looks lower than what is coming-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: Is it €47 million?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)
Kieran O'Donnell: Was that based on the same criteria being used in the current review?
- 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 have some detail on something in the Governor's statement? We have taken figures from the end of year report. Of the 13,000 customers, 9,200 have been compensated and 3,800 remain to be compensated. Of the 13,600, some 3,700 were compensated and 9,900 remain to be compensated, which was 13,600 in total. The Governor slightly updated those figures. How many of the 26,600 remain to...