Results 1,461-1,480 of 15,824 for speaker:Robert Troy

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: The point I will make is that when one sells this on to a vulture fund, the fund does not always honour the contract and does not have the same range of options a conventional bank has. Most vulture funds will not offer the option to fix a rate. In the past number of months, European Central Bank, ECB, rate increases are putting people under considerable strain, because they do not have the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: I accept Mr. O'Keeffe is saying those customers were the vast majority, but I was focusing on the 1,600 people who negotiated, consulted and engaged with the bank. They were somewhat sold out. Having done the right thing with regard to organising a restructure they could adhere to, with the objective of keeping the roof over their heads, the mortgage book was sold on and those customers...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: They are protected for the duration of the contract but, subsequent to that, they will revert to the variable interest rate which is much higher than it would have been at the time of the contract and they have no opportunity to fix the interest rate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: Mr. O'Keeffe mentioned consistency and being very confident that a consistent approach has been adopted by all the banks in all write-downs that have been negotiated. I will share the experience of my constituent who was in a three-way partnership. A small building company bought some sites, developed them and sold them on and was doing quite well right through the 2000s, until the crash...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: To be clear, I did not send it to Mr. O'Keeffe. This is going back a long period. I am unsure whether I even made representations to AIB, though I certainly made them to the vulture fund. The developers themselves engaged extensively. They had an accountant working on their behalf on making proposals and trying to organise a debt settlement through negotiations. My point is AIB would...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: I welcome that. I will not go into it any further out of respect for the identity of the customers. I can say there was no earning power there, going forward, and I am sure of that. The earning power or earning capacity of the story in the paper was far superior to that of the customers we have just discussed. I accept Mr. O'Keeffe's offer and I will make the case known to his office...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Robert Troy: Do the witnesses have a breakdown of the percentage of write-down achieved in those cases? Did they achieve a write-down of 20%, 30% or 50%? Mr. O'Keeffe seems to be able to speak specifically and I accept what he said earlier, in that the figure was requested of him. He may need to come back to us with the figure. What percentage of a write-down did each of those 4,300 achieve?

Joint Oireachtas Committee on European Union Affairs: Impact of Brexit on Ireland: Discussion (1 Mar 2023)

Robert Troy: I thank our witnesses for coming today. Mr. Drennan stated that the regulatory regime targets the compliant rather than the non-compliant. I am interested to hear more about what could be done to target the non-compliant and relieve the pressures on compliant businesses. Mr. Drennan mentioned the huge increase in the number of direct sailings between Ireland and mainland Europe and...

Joint Oireachtas Committee on European Union Affairs: Impact of Brexit on Ireland: Discussion (1 Mar 2023)

Robert Troy: Are there any particular countries Mr. Drennan has in mind for that proposal?

Written Answers — Department of Enterprise, Trade and Employment: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 37. To ask the Minister for Enterprise, Trade and Employment the capital projects undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10548/23]

Written Answers — Department of Communications, Climate Action and Environment: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 45. To ask the Minister for Communications, Climate Action and Environment the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10555/23]

Written Answers — Department of Transport, Tourism and Sport: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 54. To ask the Minister for Transport, Tourism and Sport the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10557/23]

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 65. To ask the Minister for Public Expenditure and Reform the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10553/23]

Written Answers — Department of Culture, Heritage and the Gaeltacht: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 68. To ask the Minister for Culture, Heritage and the Gaeltacht the capital projects that have been undertaken by her Department in Westmeath since June 2020; the funding allocated each year; and if she will make a statement on the matter. [10556/23]

Written Answers — Department of Housing, Planning, and Local Government: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 79. To ask the Minister for Housing, Planning, and Local Government the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10551/23]

Written Answers — Department of Defence: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 93. To ask the Taoiseach and Minister for Defence the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10546/23]

Written Answers — Department of Education and Skills: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 110. To ask the Minister for Education and Skills the capital projects that have been undertaken by her Department in Westmeath since June 2020; the funding allocated each year; and if she will make a statement on the matter. [10547/23]

Written Answers — Department of Children, Equality, Disability, Integration and Youth: International Protection (1 Mar 2023)

Robert Troy: 129. To ask the Minister for Children, Equality, Disability, Integration and Youth if he will amend legislation to ensure properties held in trust can receive payment for accommodating Ukrainians. [10354/23]

Written Answers — Department of Children, Equality, Disability, Integration and Youth: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 136. To ask the Minister for Children, Equality, Disability, Integration and Youth the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10545/23]

Written Answers — Department of Education and Skills: Capital Expenditure Programme (1 Mar 2023)

Robert Troy: 140. To ask the Minister for Education and Skills the capital projects that have been undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10549/23]