Question Results

Written questions on the subject Presbyterian Mutual Society


 
Note: [R] indicates a registered declaration of interest
Ref NoMemberQuestionTabledStatus
AQW 52513/11-16 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment whether he will honour the commitments given by his Department in its letter dated 29 March 2011, and by the then Minister to the media on 16 February 2011, by instructing the Joint Supervisors of the Presbyterian Mutual Society that the £25 million contribution by Westminster does not have to be repaid and accordingly should not be treated as a loan or liability in the accounts of the Society.

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06/01/2016 Answered on 11/02/2016
AQW 52510/11-16 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment (i) why; (ii) when; and (iii) by whom (a) was the statement in the Department’s letter dated 29 March 2011 to the former Administrator of the Presbyterian Mutual Society that the £25 million contribution from Westminster was not to be repaid reversed; and (b) was the decision taken that this £25 million was instead to be repaid or treated as a loan.

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06/01/2016 Answered on 04/02/2016
AQW 51408/11-16 Mr Stewart Dickson
(APNI - East Antrim)
To ask the Minister of Enterprise, Trade and Investment what is the outstanding balance on the £175m loan provided to the Presbyterian Mutual Society in 2011; and whether all payments are up to date as of November 2015.

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25/11/2015 Answered on 18/12/2015
AQW 50977/11-16 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment whether the £25m from HM Treasury is being treated in the accounts of the Presbyterian Mutual Society as a liability due to the fact that his Department has insisted on it being repaid or treated as a loan; and if so, how this is consistent with (a) the express terms of the letter of 29 March 2011 from his Department to the administrator; (b) the express terms of SR 2011 No. 142; and (c) the then Minister’s affirmation in the press dated 16 February 2011 to the effect that the £25 million from HM Treasury was a gift which would not have to be repaid by the Society.

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17/11/2015 Answered on 07/12/2015
AQW 48424/11-16 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment, in relation to (i) the express terms of the Scheme of Arrangement approved by the High Court in respect of the Presbyterian Mutual Society bail out; (ii) the express terms of the letter of 29 March 2011 from his Department to the administrator; (iii) the express terms of SR 2011 No. 142; and (iv) the repeated affirmations in the Assembly, answers to Assembly Questions and in the press to the effect that the £25m from HM Treasury was a gift and not a loan, why this £25m is now classified as a loan to be repaid; and to whom will it be repaid and to whose benefit.

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04/09/2015 Answered on 04/11/2015
AQW 48423/11-16 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment how much is being paid annually in fees, or otherwise, to the Joint Supervisors of the Presbyterian Mutual Society administration.

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04/09/2015 Answered on 04/11/2015
AQW 44074/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment (i) whether the £25m, supplied by HM Treasury in respect of the Presbyterian Mutual Society settlement, and described at the time by Treasury Minister Lord Sassoon, as not having to be repaid, is being treated as a liability which has to be repaid; (ii) if so, to whom must the repayment be made; and (iii) whether the £25m supplied by her Department must also be repaid.

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23/03/2015 Answered on 15/04/2015
AQW 22986/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment whether any staff have been disciplined as a consequence of the findings arising from the Ombudsman's investigation into the handling of the Presbyterian Mutual Society.

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13/05/2013 Answered on 29/05/2013
AQW 21262/11-15 Mrs Sandra Overend
(UUP - Mid Ulster)
To ask the Minister of Enterprise, Trade and Investment how she will implement the recommendations of the Northern Ireland Ombudsman on her Department's handling of the Presbyterian Mutual Society.

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20/03/2013 Answered on 08/04/2013
AQW 19004/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment whether she will place a copy of the Ombudsman's report of December 2012, on her Department's oversight of the Presbyterian Mutual Society, in the Northern Ireland Assembly Library.

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28/01/2013 Answered on 11/03/2013
AQW 18623/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment, in view of the finding by the Ombudsman that her Department failed to apply an adequate level of scrutiny to the Presbyterian Mutual Society, will the disqualification proceedings against former directors cease. [Priority Written]

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18/01/2013 Answered on 12/09/2014
AQW 18424/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment how much her Department has spent date, including the cost of any legal advice sought, on responding to the Ombudsman's draft report on the actions of her Department in its oversight and governance of the Presbyterian Mutual Society.

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14/01/2013 Answered on 12/09/2014
AQW 18423/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment for her assessment of the findings of the Ombudsman's draft report issued around December 2012, in respect of an investigation into the actions of her Department in its oversight and governance of the Presbyterian Mutual Society.

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14/01/2013 Answered on 12/09/2014
AQW 17095/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment when the Department will conclude its submissions to the Ombudsman on the draft report on her Department's handling of Presbyterian Mutual Society issues. [Priority Written]

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22/11/2012 Answered on 27/11/2012
AQW 13270/11-15 Mr Leslie Cree MBE
(UUP - North Down)
To ask the Minister of Enterprise, Trade and Investment for an update on the current position of former savers with the Presbyterian Mutual Society and the repayment of any monies which are outstanding. [Priority Written]

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22/06/2012 Answered on 02/07/2012
AQW 9236/11-15 Mr Basil McCrea
(UUP - Lagan Valley)
To ask the Minister of Enterprise, Trade and Investment what factors her Department assess to decide which Directors of the Presbyterian Mutual Society should be disqualified.

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05/03/2012 Answered on 22/03/2012
AQW 9234/11-15 Mr Basil McCrea
(UUP - Lagan Valley)
To ask the Minister of Enterprise, Trade and Investment (i) why her Department is engaging senior legal figures from outside Northern Ireland in seeking the disqualification of the Directors of the Presbyterian Mutual Society; (ii) how much her Department has spent to date on this; and (iii) for an estimate of the final costs.

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05/03/2012 Answered on 22/03/2012
AQW 2086/11-15 Mrs Judith Cochrane
(APNI - East Belfast)
To ask the Minister of Enterprise, Trade and Investment for an update on the payments to Presbyterian Mutual Society savers, particularly those who lost over £100,000.

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15/09/2011 Answered on 27/09/2011
AQW 299/11-15 Mr Alex Easton
(DUP - North Down)
To ask the Minister of Enterprise, Trade and Investment, in light of the financial package that has been agreed by the Executive and the UK Government, when the Presbyterian Mutual Society savers will receive repayments of their savings.

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27/05/2011 Answered on 06/06/2011
AQW 51/11-15 Mr Jim Allister
(TUV - North Antrim)
To ask the Minister of Enterprise, Trade and Investment for her assessment of the lessons learned and the changes implemented as a result of the Treasury Select Committee's investigation into the Presbyterian Mutual Society.

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18/05/2011 Answered on 26/05/2011
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