Results 16,701-16,720 of 35,756 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Is the bank going to give them back?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: If they want the property back, will the bank give it back?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: With regard to question number eight, which concerned how many impacted customers have yet to be contacted by the bank, Mr. Byrne asked us to refer to question number two but that answer does not exist with regard to question number two. How many of the 9,348 customers have yet to be contacted by the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: So the answer to that question is that the bank has not contacted 4,900 customers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: I know Mr. Byrne does not want to say the number but it is 4,900 customers who have not yet been contacted by AIB to tell them they are affected customers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: With regard to the 158-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Okay, I will finish. This is my last question. The 158 and 171 customers who still have not had rectification, redress or compensation may have been identified up to two years ago - actually since 2015 when the bank began its so-called investigation. Have they all been contacted? Why has it taken so long to give them back their money?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: The report will come out later this year but can we take it that the Government salary cap of €500,000 has not been breached in AIB?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: What is the legal status of the cap? Is it just an understanding? Is it enforceable?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: How long will it continue for and how can it be lifted? Has AIB requested that it be lifted?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Has AIB requested a change?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Has AIB requested a change?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: The Government lost €800 million in the context of the timing of the IPO. Would that be an accurate statement?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: I know that. Obviously value can go up and down. How many months ago were the shares sold?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Is it not a statement of fact that the investors who bought the State shares are about €800 million better off than they were?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Many of us in this House argued for a postponement, because we expected that this was where it was going. That being said, I will move on to the issue of tracker mortgages. The period to lodge an appeal is 12 months, is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: What will happen if the courts decide in some of the legal cases that AIB's interpretation was wrong, for example around the prevailing rate issue? I know this is a hypothetical question. Will AIB voluntarily open up accounts to compensate those 4,000 customers, or will it force them to go through the court system?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: Has AIB settled out of court in any cases around the tracker issue?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: There has been no out-of-court settlement.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
Pearse Doherty: I wish to discuss the 4,000 customers to whom AIB will write at some stage-----