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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)

Pearse Doherty: I have a brief question on tracker mortgages. I also wish to raise an issue that I have raised on a number of occasions when the witnesses were before the committee. I refer to the bank's staff and how the tracker mortgages issue is being resolved for them or not resolved as the case may be. Some staff members had a two-year fixed product. In the internal systems of the bank, to which...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)

Pearse Doherty: Does Ms McDonagh accept these staff of the bank had two-year fixed mortgages at the time prior to November 2008 and that it was stated on the computer system that they would automatically roll on to a tracker mortgage? Is that a statement of fact or it is disputed by Ms McDonagh and the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)

Pearse Doherty: I just want to go back into this. Let us find out what is disputed. Do the witnesses accept that prior to November 2008, with regard to staff members of the bank who had a two-year fixed mortgage, the internal systems of the bank that staff members had access to stated they would automatically roll on to a tracker? We can accept that as a factual position at that time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)

Pearse Doherty: Can the bank provide the information to the committee on what was stated on the internal systems that some members of staff had access to? They are not just relying on that. They also make the point that verbal confirmation from staff mortgages was given at the outset that they would roll onto tracker mortgages. Is it possible for the screenshot or what was said on the computer system to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)

Pearse Doherty: I appreciate that. That is why the document would be helpful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)

Pearse Doherty: My apologies.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: I thank the witnesses for coming in and telling their own stories in the way they did. It takes bravery because many of them are involved in the construction industry and specialise in education, where are contracts that are awarded, and the State holds a lot of the purse strings. It is important for people to speak up and call it as it is. It is clear that the subcontractors have been...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: In excess of €14 million.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: On the impact this is having on businesses, Mr. Reynolds should note this is not the first time I have heard that story regarding the stress this is having on individuals' mental health and that is putting them into a very dark space. We can only appeal to people to reach out for help. What is the impact that people within the group have experienced in terms of their businesses? Are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: Reference was made in the opening statements to morality and the ambition to have available those modern schools built by the witnesses to children and educators next September. However, as stated by the chairperson last week or earlier this week they will be sitting on chairs and playing on football fields in respect of which subcontractors may have gone to the wall because they have not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: My apologies, the NDFA has to satisfy itself that the works are certified and in compliance. The issue here is that it is washing its hands of that process. It is allowing Woodvale to carry out that process with an independent assessor. In Mr. Hennebry's view, how can an independent assessor certify works that the subcontractors have done? In correspondence to the committee, the NDFA said...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: Does that mean that unless Mr. Hennebry's company certifies the works, there will be no guarantee for the floor covering in the schools?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: Mr. Hennebry has made the point that in his belief the law is on his side and the NDFA has not properly looked at this area. I have the building control regulations before me and they clearly state this. I cannot see any way that subcontractors can certify works that they cannot physically see. They would not be able to certify that the steel put into a foundation or the pipes put under a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: If Mr. Hennebry argues that the law is on his side, and Ms Walsh mentioned it simply will not happen that students and teachers will go into schools in September and sit on products that have not been paid for, what do they intend to do?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: In the absence of the NDFA or Woodvale coming to the witnesses and asking them to certify their own works and paying them for the work they have done, and we are aware there is cherry-picking and some subcontractors are doing this while others have been left high and dry, then-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: Some subcontractors cannot do that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: What are their options in that scenario?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: A House of Commons committee released a substantial report on the auditing firms and how they give companies a clean bill of health in the context of the collapse of Carillion. It was scathing in its recommendations, including calling for the break-up of the big four companies. It is not a document I have gone through in detail but I had a chance to glance over it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: Although, Mr. Hennebry is accurate in terms of what he said, that is the impression. What the Chairman said was accurate because that is what they told us in the committee last week. Mr. Hennebry is also accurate because I have seen the role and regulation 3.5, which states very clearly that the role of the certifier is not to supervise the job. We have since heard a different line from...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Contractual Arrangements for Public Sector Infrastructural Projects: Discussion (5 Jul 2018)

Pearse Doherty: I thank the witnesses for coming in and, in particular, for sharing their personal stories. I noted to Ms Kelly that it is not an easy thing because we are in this room and other people are watching. I am sure the NDFA is watching. The Chairman talked about a number of options for the committee, albeit we cannot instruct. There is a terrible mess here and the consequences are clearly...

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