Parliamentary questions

IBRC Liquidation

Pearse Doherty

58. Deputy Pearse Doherty asked the Minister for Finance if he will provide a schedule of bonds payable by Irish Bank Resolution Corporation on 6 February 2013 showing the type of bond, the date redeemable, the coupon and the redeemable amount. [7725/13]

IBRC Liquidation

Pearse Doherty

59. Deputy Pearse Doherty asked the Minister for Finance if he will clarify the way outstanding bonds in Irish Bank Resolution Corporation will be dealt with as part of the liquidation announced on 6 February 2013. [7726/13]

IBRC Liquidation

Pearse Doherty

60. Deputy Pearse Doherty asked the Minister for Finance if he will estimate the cost to the Central Bank of Ireland in compensating depositors at the Irish Bank Resolution Corporation for deposits up to €100,000; and if he will confirm if there is a pre-existing fund maintained by the CBI for such events; and if he will make a statement on the matter. [7727/13]

IBRC Liquidation

Pearse Doherty

61. Deputy Pearse Doherty asked the Minister for Finance if he will lay before Dáil Éireann the audited or unaudited accounts for Irish Bank Resolution at 31 December 2012. [7728/13]

IBRC Liquidation

Pearse Doherty

62. Deputy Pearse Doherty asked the Minister for Finance if he will outline the arrangements that will apply for the publication of audited accounts for Irish Bank Resolution Corporation for the year ended 31 December 2012. [7729/13]

IBRC Liquidation

Pearse Doherty

63. Deputy Pearse Doherty asked the Minister for Finance if he will confirm the treatment of equity in Irish Bank Resolution Corporation and if it will be returned to the State; if so when; and if he will make a statement on the matter. [7730/13]

IBRC Liquidation

Pearse Doherty

64. Deputy Pearse Doherty asked the Minister for Finance if it is a term of the arrangement to replace the promissory notes in Irish Bank Resolution Corporation, that IBRC must remain a corporate entity for the duration of the replacement sovereign bonds, that is, until 2053. [7731/13]

Government Bonds

Pearse Doherty

65. Deputy Pearse Doherty asked the Minister for Finance the way the floating interest rate on the sovereign bonds replacing promissory notes will be calculated; and if he will make a statement on the matter. [7732/13]

Government Bonds

Pearse Doherty

66. Deputy Pearse Doherty asked the Minister for Finance the amount of interest that will be paid in each of 2013, 2014 and 2015 on the sovereign bonds that replace the promissory notes; and if he will make a statement on the matter. [7733/13]

Government Bonds

Pearse Doherty

67. Deputy Pearse Doherty asked the Minister for Finance the net present value of the bonds that will replace the promissory notes and the net present value gain in this arrangement; and if he will make a statement on the matter. [7734/13]

Government Bonds

Pearse Doherty

68. Deputy Pearse Doherty asked the Minister for Finance the duration and maturity of the sovereign bonds and the coupon rates of each one; and if he will make a statement on the matter. [7735/13]

Student Grant Scheme Application Numbers

Pearse Doherty

70. Deputy Pearse Doherty asked the Minister for Education and Skills if he will clarify the number of third level grants that remain to be processed; if he will provide detail in tabular form of the grants still to be processed by county; and if he will make a statement on the matter. [7531/13]

Social Welfare Appeals Delays

Pearse Doherty

132. Deputy Pearse Doherty asked the Minister for Social Protection her views on whether any progress has been made in reducing the processing times for social welfare appeals; the current processing time for appeals; her views on whether it is appropriate that applicants are currently waiting up to eight months for a decision with the appeals office in view of the fact that they are also waiting a considerable time from the initial date of their application; and if she will make a statement on the matter. [7686/13]

EU Presidency Expenditure

Pearse Doherty

188. Deputy Pearse Doherty asked the Tánaiste and Minister for Foreign Affairs and Trade if he will confirm the estimate of the overall cost of the EU Presidency website, EU2013.ie; if he will provide a breakdown of costs showing the purpose of the cost, the supplier when available and the date on which it is expected the cost will be incurred; if he will outline the steps that he undertook to ensure that the cost of the EU Presidency website was reasonable and represented value for money; if he will further provide the cost of the two previous EU Presidency websites, CY2012.eu and EU2012.dk; and the steps he took to ensure that costs to the State in developing EU2013.ie were minimised. [6617/13]

Banking Sector Regulation

Pearse Doherty

201. Deputy Pearse Doherty asked the Minister for Finance following the conclusion of the trial of two men in Britain who were convicted of defrauding Allied Irish Bank in a scheme whereby £740 million has been advanced by AIB based on bogus documents, if he will outline the response by AIB to the fraud; the steps that have been taken to prevent a reoccurrence of such a fraud; and if he will outline any sanctions or disciplinary action taken by AIB against employees responsible for the approval of the loans. [6618/13]

Banking Sector Regulation

Pearse Doherty

202. Deputy Pearse Doherty asked the Minister for Finance following the conclusion of the trial or two men in Britain who were convicted of defrauding Allied Irish Bank in a scheme whereby £740 million had been advanced by AIB based on bogus documents, if he will confirm the bank's policy with respect to accepting hospitality from borrowers; and if he will provide an assessment as to whether the hospitality outlined in the trial was accepted in breach of its policies. [6619/13]

Banking Sector Regulation

Pearse Doherty

203. Deputy Pearse Doherty asked the Minister for Finance following the conclusion of the trial or two men in Britain who were convicted of defrauding Allied Irish Bank, if he will provide an estimate of bonuses and commissions paid to its employees relating to the advancing of the loans. [6620/13]

Banking Sector Regulation

Pearse Doherty

204. Deputy Pearse Doherty asked the Minister for Finance following the conclusion of the trial of two men in Britain who were convicted of defrauding Allied Irish Banks if he will outline the way AIB ensured that it maximised the sale price in the disposal of the portfolio of properties subject to the loans to Green Property; the way the portfolio was marketed to ensure potential purchasers were aware of the sale; the way AIB ensured each potential purchaser had access to equal information about the portfolio; and if he will state when it began marketing the portfolio to the market and when the sale closed. [6621/13]

Promissory Note Negotiations

Pearse Doherty

205. Deputy Pearse Doherty asked the Minister for Finance if he will confirm if a technical paper on resolving Ireland’s bank-related debt was ultimately finalised in conjunction with the bailout Troika of the IMF, EU and ECB for submission to principals of the Troika as indicated by An Taoiseach when he stated the troika stated it would produce a technical paper on this issue which is of such importance to the deficit and to our capacity to repay our debts; if such a technical paper was finalised; if he will provide the date it was finalised; if he will set out his plans to publish this document; and if it was not finalised, if he will provide the reason or reasons for that inaction. [6622/13]

Promissory Note Negotiations

Pearse Doherty

206. Deputy Pearse Doherty asked the Minister for Finance if a specific technical paper has been produced on the promissory notes by the Troika and the Government. [6623/13]

Contingent Capital Notes

Pearse Doherty

207. Deputy Pearse Doherty asked the Minister for Finance further to the announcement of his Department that negotiations to sell €500m - €1bn of Bank of Ireland contingent capital notes had concluded, if he will provide an assessment of the impact of the transaction on the prospects of securing a deal to recoup at a European level other sums used to bailout the banks. [6624/13]

NAMA Loans Sale

Pearse Doherty

208. Deputy Pearse Doherty asked the Minister for Finance if he will confirm if the National Asset Management Agency provides so-called staple finance or vendor finance to purchasers of its loans, as opposed to purchasers of its real estate property. [6625/13]

Social Insurance Fund Deficit

Pearse Doherty

209. Deputy Pearse Doherty asked the Minister for Finance further to the publication of the December 2012 Exchequer statement if he will explain the €300 million entitled Repayment of Loans to Social Insurance Fund; if he will confirm if there are further loans outstanding from the Social Insurance Fund; and if so, the amount and the scheduled repayment dates. [6627/13]

Credit Union Fund

Pearse Doherty

210. Deputy Pearse Doherty asked the Minister for Finance further to the publication of the December 2012 Exchequer statement, if he will explain the €250m contribution to the credit union fund; and if he will provide an estimate of any additional contributions identified, showing the estimated date of disbursement and amount. [6628/13]

Outright Monetary Transaction Scheme Eligibility

Pearse Doherty

211. Deputy Pearse Doherty asked the Minister for Finance if he will provide an assessment as to whether the State now qualifies for the ECB’s outright monetary transactions scheme; if the State now qualifies, his basis for that belief; and if he does not believe the State now qualifies, the basis for that belief and any additional actions needed so as to qualify. [6629/13]

Bank Debt Restructuring

Pearse Doherty

212. Deputy Pearse Doherty asked the Minister for Finance further to the statement by Permanent TSB in November 2012 confirming that it was selling loans with a value net of provisions and write-offs of €351m at February 2012, if he will identify the beneficial buyer of these loans. [6630/13]

Bank Debt Restructuring

Pearse Doherty

213. Deputy Pearse Doherty asked the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling loans with a value net of provisions and writeoffs of €351m at February 2012, in return for consideration of €287m, if he will confirm the loss that was booked by PTSB on the transaction; if he will outline the process undertaken by PTSB to dispose of the assets in order to maximize the return on the transaction; and if he will provide a schedule of the recipients, fees, and costs incurred by PTSB on the transaction. [6631/13]

Bank Debt Restructuring

Pearse Doherty

214. Deputy Pearse Doherty asked the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling two operating units to management for nominal consideration, if he will provide an outline of the valuations undertaken by PTSB of the two units so as to ensure the sale price was adequate; if he will provide the sales, operating profit, impairments and net profit after tax for the two units for each of the past five years; and if he will further provide the balance sheet for each of the units at 31 December 2011. [6632/13]

Banking Sector Staff

Pearse Doherty

215. Deputy Pearse Doherty asked the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling two operating units to management for nominal consideration, if he will confirm the number of staff employed at both units and the number of staff being transferred to the buyer of the units; if he will confirm if any redundancies have resulted from the transaction; and, if so, the number and cost of such redundancies. [6633/13]

Bank Debt Restructuring

Pearse Doherty

216. Deputy Pearse Doherty asked the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling loans with a value net of provisions and writeoffs of €351m at February 2012, if he will provide an outline of any other imminent disposals by PTSB. [6634/13]

Bonds Redemption

Pearse Doherty

217. Deputy Pearse Doherty asked the Minister for Finance if he will confirm that PTSB has sufficient resources to repay bonds which mature in April 2013 and that PTSB will not need any additional funding from the taxpayer. [6635/13]

General Government Debt

Pearse Doherty

218. Deputy Pearse Doherty asked the Minister for Finance further to the publication of the December 2012 Exchequer Statement, if he will confirm the General Government Deficit for 2012 and a reconciliation between the GGD and the Exchequer Deficit for 2012. [6636/13]

NAMA Debtors

Pearse Doherty

231. Deputy Pearse Doherty asked the Minister for Finance the limits the National Assets Management Agency sets on debtors living costs that is rent, by month and by year. [7042/13]

NAMA Debtors

Pearse Doherty

232. Deputy Pearse Doherty asked the Minister for Finance if the National Assets Management Agency allows debtors to remain members of exclusive clubs. [7043/13]

NAMA Debtors

Pearse Doherty

233. Deputy Pearse Doherty asked the Minister for Finance his views on whether it is appropriate that debtors in the National Assets Management Agency retain membership of exclusive private clubs, can take expensive holidays such as ski trips and continue to drive around in top of the range cars. [7044/13]

Financial Services Regulation

Pearse Doherty

234. Deputy Pearse Doherty asked the Minister for Finance the investigations, if any, that have taken place by the Financial Regulator into the activities of private financial management and investment companies who may have falsely advertised the size of the portfolios or engaged in other fraudulent activity over the course of the last ten years. [7045/13]

IBRC Legal Cases

Pearse Doherty

235. Deputy Pearse Doherty asked the Minister for Finance the exposure, if any, estimated to arise for the State from the case being taken by Enid Investment Corporation against Irish Bank Resolution Corporation; and if he will make a statement on the matter. [7109/13]

Bank Guarantee Scheme Losses

Pearse Doherty

238. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 248 of 5 February 2013, if he will confirm that he has provided a complete response; his views on the Abadi litigation with Allied Irish Bank; in view of the fact that he is a 15% shareholder in bank of Ireland, and formerly the shareholder of nearly 50%, if he will provide a list of the legal actions initiated by the holders of subordinated or senior bonds in the covered banks; the date the action was initiated; the identity of the applicant or applicants; and the identity of the respondent and the jurisdiction in which the action has been initiated. [7153/13]

IBRC Liquidation

Pearse Doherty

239. Deputy Pearse Doherty asked the Minister for Finance the cost to the State annually of continuing to pay interest on the subordinated Anglo bonds held by Fir Tree Capital. [7154/13]

NAMA Legal Fees

Pearse Doherty

241. Deputy Pearse Doherty asked the Minister for Finance the legal costs incurred by the National Asset Management Agency in its case in the High Court and Supreme Court in 2010 and 2011 against a person (details supplied) and which concluded at the Supreme Court in April 2011. [7203/13]

Promissory Note Negotiations

Pearse Doherty

242. Deputy Pearse Doherty asked the Minister for Finance the person or persons responsible for ongoing negotiations with the troika, particularly the European Central Bank in respect of the future of the promissory notes. [7204/13]

Insurance Compensation Fund

Pearse Doherty

243. Deputy Pearse Doherty asked the Minister for Finance if he will confirm the estimate of payments to the Insurance Compensation Fund in 2013; and if he will provide the total amount due from the ICF to the State at the end of January 2013. [7209/13]

EU Funding

Pearse Doherty

320. Deputy Pearse Doherty asked the Minister for Public Expenditure and Reform if the proposed macro-economic conditionality in the next round of EU funds will lead to a suspension of ESF projects and all other projects funded or part funded by EU cohesion funds in Ireland fails to meet the macro-economic conditions. [6816/13]

Capital Programme Expenditure

Pearse Doherty

339. Deputy Pearse Doherty asked the Minister for Public Expenditure and Reform further to the publication of the Exchequer Statement for January 2013, if he will confirm the total spent on capital projects in the month of January 2013; if he will provide the annual budget for capital expenditure in 2013 and for his assessment of the impact on unemployment if the capital budget were spent evenly throughout the year or front-loaded to the start of the year. [7206/13]

Child Benefit Payments

Pearse Doherty

396. Deputy Pearse Doherty asked the Minister for Social Protection if she will confirm the total expenditure on child benefit in January 2013 as recorded in the January 2013 Exchequer Statement; and if she will provide the equivalent figure for January 2012. [7207/13]

Social Insurance Yield

Pearse Doherty

397. Deputy Pearse Doherty asked the Minister for Social Protection if she will confirm the total PRSI receipts in January 2013, as recorded in the January 2013 Exchequer Statement; and if she will provide the equivalent figure for January 2012. [7208/13]

Údarás na Gaeltachta Properties

Pearse Doherty

423. Deputy Pearse Doherty asked the Minister for Arts, Heritage and the Gaeltacht the location of all Údarás premises in counties Mayo, Galway, Waterford, Cork and Meath; if he will provide the breakdown by county; the size of these premises; when they were last occupied; the name of the occupying company; and if he will make a statement on the matter. [7282/13]

Garda Strength

Pearse Doherty

484. Deputy Pearse Doherty asked the Minister for Justice and Equality if he will indicate the provisions in the memorandum of understanding with the troika of the IMF, EU and ECB, which directly impinge on the number of employees in An Garda Síochána; and if he will indicate where the memorandum of understanding requires him to reduce Garda numbers to 13,000. [6615/13]

Garda Stations Opening Hours

Pearse Doherty

500. Deputy Pearse Doherty asked the Minister for Justice and Equality his plans for the Garda station in Rathcoole, County Dublin; if there are any plans to reduce the opening hours, staffing or funding of that Garda station in 2013 or 2014; and if there are any plans or consideration currently being given to the closure of the station in the near future. [6824/13]

EU Funding

Pearse Doherty

565. Deputy Pearse Doherty asked the Minister for Agriculture, Food and the Marine if the proposed macroeconomic conditionality in the next round of EU funds will lead to a suspension of direct payments to farmers and any possible payments to fisherman if Ireland fails to meet the macroeconomic conditions. [6815/13]