Dáil Éireann Debate, Thursday - 15 March 2012
6 Deputy Pearse Doherty asked the Minister for Finance if he will provide a table detailing the number of tracker mortgages currently held by each of the covered institutions and the percentage of these mortgages currently classed as non-performing; and if he will make a statement on the matter. [14755/12]
View answerI have been informed by individual Institutions that they are unable to provide this information as they do not provide public disclosure on the numbers or arrears levels of specific products. Disclosures in relation to each of the covered institutions' mortgage books is provided in their published Annual statements.
7 Deputy Pearse Doherty asked the Minister for Finance when he expects AIB to publish the three internal reports on the near collapse of the bank, the O’Connor report, the Promontory report and the Deloitte report; and in the event of the bank being unwilling to publish these reports, if he will give an undertaking to ensure that these three reports are published; and if he will make a statement on the matter. [14756/12]
View answerAIB has informed me that the documents to which the Deputy refers were not formal investigations intended for publication, nor were they prepared employing the processes and procedures which would be employed had they been undertaken with a view to publication. They would also contain views and opinions which those expressing them would have reasonably and legitimately expected to be treated in confidence. Additionally, some were prepared for, and at the request of, the Central Bank, in the discharge of its supervisory functions and, as the Deputy will, no doubt be aware, stringent statutory obligations of confidentiality apply to the exercise of these functions, both in national and European law. Finally, they are, in the view of AIB, commercially sensitive and I understand that it is not AIB's intention to publish them.
Several detailed independent reviews of the banking crisis and its genesis are, of course, in the public domain e.g. the Honohan, Regling-Watson and Nyberg reports.
