Results 341-360 of 1,072,229 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Máiría Cahill OR speaker:Fiona O'Loughlin OR speaker:David Cullinane OR speaker:Kieran O'Donnell OR speaker:Bernard Durkan OR speaker:Pauline Tully OR speaker:Heather Humphreys)

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: NAMA was supposed and intended to make a profit from day 1. It was expected. To what extent has that profit been realised?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: Has that been in accordance with revised expectations, given the conditions under which NAMA was introduced and the discussions that took place in this House during that period as to the alternative viable options? Does it still remain the best option?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: The actual profit outturn is about €5 million.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: I accept that is a reasonable conclusion but the circumstances in which the financial collapse took place meant an awful lot of business people, big and small, ordinary householders who had borrowed and so on, lost everything and were squeezed to the limit. They continue to be squeezed as a result of the financial crash. I realise that the moneys have to be found somewhere and that the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: The banks that were in difficulty after the financial crash subsequently sold their loans on to vulture funds, for want of a better description, or other funds. Two questions arise. First is the question as to the number of people who were in NAMA, or forced into NAMA, who claim they should never have been there. There are some people who are in NAMA who were borrowers beforehand and who...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: The borrower suffered immensely as a result. The emphasis was on clearing up the mess at huge expense to the borrowers, who borrowed on the basis of the financial, fiscal and lending policy at the time, which was created by the lending institutions themselves. There are those who will say they were caught between a rock and a hard place and they paid the penalty, whereas those who erred...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: A new aggression has been adopted by what I call the enforcers in the funds or agencies right now. They apparently feel the time has come for them to show real resolution in their efforts to ensure the borrower coughs up, sells their home, gets out on the road and becomes homeless or whatever the case may be. The level of aggression that has taken over in recent months is unacceptable....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: I apologise to the Chair for dragging this out but the members of this committee, individually and jointly, raised multiples of the kinds of cases Mr. Carville just spoke about at this committee. Individually and collectively, we fought to draw attention to umpteen cases where a disadvantage was clearly being foisted upon the borrowers who, in many circumstances, were unable to pay and took...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Bernard Durkan: I do not want to dismiss what Mr. Carville is saying, but the Cathaoirleach and Deputy Doherty, who have raised these questions in this forum many times will tell him the position. There were countless cases in which people were not given a fair chance to recover or trade their way out of the situations they were in. Conditions were foisted upon people that they could meet. Arrangements and...

Joint Oireachtas Committee on Health: Productivity and Savings Task Force: Discussion (18 Sep 2024)

Bernard Durkan: I welcome our guests and congratulate them on the indicative progress at all levels, which is very welcome. Like the Chairman, I have had personal experience of our hospital services in recent times. I was really impressed with the manner in which everybody, from orderlies to consultants to everybody else involved, fulfilled their duties. We should mention also the number of foreign-born...

Joint Oireachtas Committee on Health: Productivity and Savings Task Force: Discussion (18 Sep 2024)

Bernard Durkan: They are gone. I could go for another ten minutes if the Chair wants me to.

Joint Oireachtas Committee on Health: Productivity and Savings Task Force: Discussion (18 Sep 2024)

Bernard Durkan: I am finished.

Joint Oireachtas Committee on Health: Productivity and Savings Task Force: Discussion (18 Sep 2024)

David Cullinane: Can I ask Mr. Gloster about the publication of the review of Mr. Justice Frank Clarke into the death of Aoife Johnston? The witnesses might have seen reports in the media today that the report might be published next month and that the family has asked for the report to be published by this Friday. It is obviously a really important issue. As well as waiting for the publication of that...

Joint Oireachtas Committee on Health: Productivity and Savings Task Force: Discussion (18 Sep 2024)

David Cullinane: I will move on to performance and outputs. When we are talking about productivity what people will measure is, obviously, what we get at the other end of the investments we make. Since 2019, there has been a 50% increase in health spending, which we all welcome. Of course, additional funding will be needed over the next number of years in areas as well. One of the measurements is waiting...