Results 15,281-15,300 of 35,738 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Mr. Masding and the Minister also had a meeting in late 2017.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Can I read the minutes from that meeting to Mr. Masding?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: These are minutes from the Department of Finance. They are private and confidential. I am not sure if Mr. Masding has a copy of them. They state:When asked about causation, Jeremy Masding commented that he had no evidence of collusion or willful complicity, and noted that no personal sanctions had arisen from the Springboard enforcement. He stated that there was strong evidence of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: The comments are not about Springboard. The question was about causation in the context of Permanent TSB. The meeting was about Permanent TSB, but Mr. Masding mentioned that there were no personal sanctions arising in the context of Springboard. He went on to state that there was strong evidence of operational mismanagement. Will he accept that there was operational mismanagement in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Who were the managers responsible for that mismanagement? Has Mr. Masding determined the persons responsible for mismanagement in that bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Mr. Masding, in his position as CEO, also does not want to state that his bank was involved in mismanagement, which would lead to a huge issue. It would allow for many individuals to take stronger legal cases against the bank. Let us deal with the Springboard case. That case is closed, so Mr. Masding can talk about it. He cannot rely on the excuse that he is in the middle of enforcement...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Mr. Masding told the Minister for Finance, Deputy Donohoe, Mr. Derek Moran and Mr. Des Carville that there was strong evidence of operational mismanagement. Can Mr. Masding tell those individuals things that he cannot also tell the committee?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Mr. Masding should answer the question. Can he give a civil servant in the Department of Finance information that he cannot give to the elected public representatives at the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach? It relates to an enforcement procedure that is now closed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Why can Mr. Masding not tell this committee what he told others behind closed doors? He said that there was serious evidence of operational mismanagement in Springboard. When I said that this is Mr. Masding's form, that is what I meant. This is about closing ranks and about bankers protecting bankers. It was stated in black and white. The minutes are available. Mr. Masding has not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Has anybody in Springboard been held to account for the operational mismanagement that Mr. Masding has accepted happened within it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Does the bank have any intentions of holding anyone to account for the operational mismanagement which, Mr. Masding accepts, happened within Springboard?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: This is incredible; it is masters of the universe stuff. Mr. Masding has come here and stonewalled the committee. He spoke about obfuscation. I have had to put this to him three times. He will not tell us things that he will tell civil servants behind closed doors. He tries to close down any conversation on this issue. The reality is that Mr. Masding has no intention of bringing...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Does Mr. Masding accept that he and the board of Permanent TSB have the authority to deal with this outside of enforcement procedures? The enforcement procedures implemented by the Central Bank are very stringent. There is a high bar in terms of the type of procedures used and the evidence adduced. The bank can also hold individuals to account, like any company can. Mr. Masding is relying...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Whatever about the original intent, I was there in the room when a relation of mine, one of the first people who took a case to the Financial Services and Pensions Ombudsman because of what Permanent TSB did, informed the bank of what it was doing. It denied my relative a tracker rate when it was in black and white in the conditions that the bank was to revert to a tracker rate. The answer...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: Mr. Groarke made a similar comment on 28 September 2017 to Deputy Sean Sherlock, who is not present, about looking at cases. The individual involved in one of those cases is still getting the monthly extend-and-pretend letter. A data request was made. Will the witnesses clarify the obligation the bank has to provide the data within 40 days? A request that was made in January still has not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Pearse Doherty: I brought up the non-compliance with the Data Protection Acts at the previous meeting as well. For example, people are requesting transcripts of phone calls and they are not being provided within 40 days. In this case it is more than 40 days. This request was made in January. This is a case the witnesses are familiar with. It is a case that was brought up at a committee meeting in...

Written Answers — Department of Finance: Tax Code (13 Jun 2018)

Pearse Doherty: 67. To ask the Minister for Finance his plans to extend the sugar tax; and if he will make a statement on the matter. [25775/18]

Written Answers — Department of Finance: Tax Code (13 Jun 2018)

Pearse Doherty: 68. To ask the Minister for Finance the amount of revenue which would have been raised had an exit tax at a rate of 1%, 2%, 3%, 4% and 5% existed as outlined by Article 5 in the EU Anti-Tax Avoidance Directive in each year since 2010 based on the market value of assets transferred from Ireland; and if he will make a statement on the matter. [25776/18]

Written Answers — Department of Finance: Tax Code (13 Jun 2018)

Pearse Doherty: 69. To ask the Minister for Finance the value of intellectual property and non-intellectual property onshored here which would be subject to an exit tax as outlined by Article 5 in the EU Anti-Tax Avoidance Directive if these assets were transferred offshore in the future; and if he will make a statement on the matter. [25777/18]

Order of Business (12 Jun 2018)

Pearse Doherty: It is disgraceful. There are many questions.