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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Pearse Doherty: The Minister made the point, which Deputy McGrath picked up on, regarding the role played by the victims of the tracker scandal and the committee and the role played by the Minister after the meeting with the leaders of the five institutions in October. It is important to recognise that the Minister did play a positive role at that point in time. I challenged the former Minister and the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Pearse Doherty: While the Minister has not met victims to engage directly on this issue, he has met them many times because one out of every 60 households was affected by this scandal, this theft on a massive scale. That leads me to ask whether this is going to present itself again. It will not be a tracker mortgage scandal, a scandal around payment into protection insurance or an over-charging scandal....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Pearse Doherty: I hear everything the Minister has said about waiting for the investigation to be completed and let us see what it says about the culture of the banks and whether the Central Bank says it needs additional powers, but my view is this is a criminal matter. I was raising this three or four years ago and calling it theft. I believe that it is theft but it probably is not considered theft under...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Pearse Doherty: I believe the Minister has sympathy and compassion for the victims, but a section of them want to pursue a class action. They want to come together and take on the banks in the courts. In the event of a future scandal, they want to have that ability. It is about levelling the playing field. The Dáil has passed Second Stage of the legislation and in the normal course of action it...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Pearse Doherty: That is fair enough. I have one last question. There are many people who not only want adequate compensation and to get the money that was wrongly taken from them back but they want accountability. They want somebody to pay the price. They want somebody to be held responsible. They do not want this swept under the carpet. That takes me to the final question on the issue of...

Written Answers — Department of Finance: Departmental Investigations (16 Jan 2018)

Pearse Doherty: 186. To ask the Minister for Finance the studies, research or preparation that has been carried out by his Department or the Central Bank into the effects of a significant increase in interest rates over the coming years; and if he will make a statement on the matter. [54461/17]

Written Answers — Department of Finance: Departmental Schemes (16 Jan 2018)

Pearse Doherty: 198. To ask the Minister for Finance his views on whether the home building finance Ireland scheme will be successful in lending to developers to build homes in view of the fact that it has to operate within market conditions; and if he will make a statement on the matter. [54993/17]

Written Answers — Department of Finance: Credit Availability (16 Jan 2018)

Pearse Doherty: 199. To ask the Minister for Finance the reason the banking sector is not providing sufficient credit to developers to build homes; and if he will make a statement on the matter. [54994/17]

Written Answers — Department of Finance: Credit Availability (16 Jan 2018)

Pearse Doherty: 200. To ask the Minister for Finance his views on whether a lack of sufficient affordable credit to developers is stunting the supply of housing; and if he will make a statement on the matter. [54995/17]

Written Answers — Department of Finance: Legislative Programme (16 Jan 2018)

Pearse Doherty: 201. To ask the Minister for Finance his plans to bring forward technical amendments to the Financial Services and Pensions Ombudsman Act 2017; and if he will make a statement on the matter. [55004/17]

Written Answers — Department of Finance: Banking Sector Regulation (16 Jan 2018)

Pearse Doherty: 203. To ask the Minister for Finance if his attention has been drawn to a tactic used by at least one vulture fund in which it pressures a borrower to appoint an agent to collect all rent to be passed on to the fund but avoid formally appointing a receiver, thereby keeping the tax liabilities upon the borrower; his plans to address such behaviour; and if he will make a statement on the...

Written Answers — Department of Finance: Departmental Expenditure (16 Jan 2018)

Pearse Doherty: 209. To ask the Minister for Finance the cost to date in appealing the EU state aid ruling on a case (details supplied); the cost to date in the establishment of an escrow account and other costs related to the collection of the €13 billion plus interest from the company; and if he will make a statement on the matter. [55082/17]

Written Answers — Department of Finance: State Aid Investigations (16 Jan 2018)

Pearse Doherty: 210. To ask the Minister for Finance the amount that will be deposited in the escrow account established to hold the moneys recouped from a company (details supplied) following the EU's state aid ruling; and if he will make a statement on the matter. [55083/17]

Written Answers — Department of Finance: Commemorative Coins (16 Jan 2018)

Pearse Doherty: 222. To ask the Minister for Finance if it is only the Central Bank that produces coins officially recognised by the State to mark historic events; if his or the Central Bank's attention has been drawn to private companies implying that they are selling officially sanctioned commemorative coins; and if he will make a statement on the matter. [1087/18]

Written Answers — Department of Finance: Credit Union Regulation (16 Jan 2018)

Pearse Doherty: 242. To ask the Minister for Finance the steps being taken to ensure the voluntary ethos of the credit union movement at all levels is protected and fostered; his views on whether sufficient guidance is provided to directors that sit on boards in a voluntary capacity to allow them carry out their regulatory duties; and if he will make a statement on the matter. [1902/18]

Written Answers — Department of Education and Skills: Institutes of Technology Funding (16 Jan 2018)

Pearse Doherty: 313. To ask the Minister for Education and Skills the amount of surplus or deficit recorded by Letterkenny Institute of Technology in each of the years 2007 to 2017, by year and yearly amount, in tabular form; the cumulative surplus or deficit being run by the institute; and if he will make a statement on the matter. [54452/17]

Written Answers — Department of Education and Skills: Institutes of Technology Funding (16 Jan 2018)

Pearse Doherty: 314. To ask the Minister for Education and Skills the income earned or received by Letterkenny Institute of Technology including for current and capital purposes, by the State or by way of private companies, by income stream in each of the years 2007 to 2017, in tabular form; and if he will make a statement on the matter. [54453/17]

Written Answers — Department of Education and Skills: Institutes of Technology Funding (16 Jan 2018)

Pearse Doherty: 315. To ask the Minister for Education and Skills the amounts allocated to Letterkenny Institute of Technology in terms of core grant, fees and student contribution, by income stream in each of the years 2007 to 2017; and if he will make a statement on the matter. [54454/17]

Written Answers — Department of Education and Skills: Third Level Funding (16 Jan 2018)

Pearse Doherty: 316. To ask the Minister for Education and Skills the amounts allocated to each higher education institute in terms of core grant, fees and student contribution in each of the years 2007 to 2017, by institute and income category, in tabular form; and if he will make a statement on the matter. [54455/17]

Written Answers — Department of Education and Skills: Third Level Admissions Data (16 Jan 2018)

Pearse Doherty: 317. To ask the Minister for Education and Skills the enrolment figures for Letterkenny Institute of Technology by graduate and undergraduate in each of the years 2007 to 2017, including percentage changes, in tabular form; and if he will make a statement on the matter. [54456/17]

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