| Ref No | Member | Question | Tabled | Status |
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AQW 19642/17-22
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Mr Stewart Dickson
(APNI - East Antrim)
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To ask the Minister for the Economy, pursuant to AQW 19025 17-22, (i) to detail the total costs that her Department has incurred to date in regards to the management loans to the Presbyterian Mutual Society; and (ii) whether a final report on the total costs to the Executive will be produced.
+ Display Answer
| 28/05/2021 |
Answered on 11/06/2021
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AQW 19025/17-22
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Mr Stewart Dickson
(APNI - East Antrim)
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To ask the Minister for the Economy for an update on repayments of the loan provided to Presbyterian Mutual Society by the NI Executive.
+ Display Answer
| 18/05/2021 |
Answered on 27/05/2021
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AQW 14249/17-22
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Ms Claire Sugden
(IND - East Londonderry)
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To ask the Minister for the Economy (i) for an update on his Department’s efforts to help Presbyterian Mutual Society savers; (ii) what conversations he has had with the Westminster government regarding this; and (iii) when this issue will be resolved.
+ Display Answer
| 08/02/2021 |
Answered on 16/02/2021
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AQW 13468/17-22
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Mr Andrew Muir
(APNI - North Down)
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To ask the Minister for the Economy why the Presbyterian Mutual Society had a reduced capital requirement of £7.8 million at the January monitoring round.
+ Display Answer
| 26/01/2021 |
Answered on 15/02/2021
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AQO 49/17-22
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Mr Christopher Stalford
(DUP - South Belfast)
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To ask the Minister for the Economy to outline the number of small savers yet to receive payment from the Scheme of Arrangement, following the collapse of the Presbyterian Mutual Society.
+ Display Answer
| 23/01/2020 |
Answered on 30/03/2020
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AQW 3057/17-22
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Mr Jim Wells
(DUP - South Down)
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To ask the Minister for the Economy, pursuant to AQW 2559/17-22, what proprtion of the total amount owed to creditors by the Prebyterian Mutual Society is made up of loan repayments due to his Department.
+ Display Answer
| 03/03/2020 |
Answered on 19/03/2020
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AQW 2559/17-22
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Mr Jim Wells
(DUP - South Down)
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To ask the Minister for the Economy what is the value of the current assets held by the Presbyterian Mutual Society; and to detail the total payments received by his Department from PMS since 2012.
+ Display Answer
| 24/02/2020 |
Answered on 02/03/2020
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AQW 2299/17-22
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Ms Carál Ní Chuilín
(SF - North Belfast)
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To ask the Minister for the Economy (i) how much money was loaned to the Presbyterian Mutual Society; (ii) what is the outstanding amount of the loan; and (iii) whether any other mutual societies, banks or credit unions have been given loans by the Department of Finance.
+ Display Answer
| 18/02/2020 |
Answered on 09/03/2020
|
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AQW 52513/11-16
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Mr Jim Allister KC
(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.
+ Display Answer
| 06/01/2016 |
Answered on 11/02/2016
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AQW 52510/11-16
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Mr Jim Allister KC
(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.
+ Display Answer
| 06/01/2016 |
Answered on 04/02/2016
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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.
+ Display Answer
| 25/11/2015 |
Answered on 18/12/2015
|
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AQW 50977/11-16
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Mr Jim Allister KC
(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.
+ Display Answer
| 17/11/2015 |
Answered on 07/12/2015
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AQW 48424/11-16
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Mr Jim Allister KC
(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.
+ Display Answer
| 04/09/2015 |
Answered on 04/11/2015
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AQW 48423/11-16
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Mr Jim Allister KC
(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.
+ Display Answer
| 04/09/2015 |
Answered on 04/11/2015
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AQW 44074/11-15
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Mr Jim Allister KC
(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.
+ Display Answer
| 23/03/2015 |
Answered on 15/04/2015
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AQW 22986/11-15
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Mr Jim Allister KC
(TUV - North Antrim)
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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.
+ Display Answer
| 13/05/2013 |
Answered on 29/05/2013
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AQW 21262/11-15
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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.
+ Display Answer
| 20/03/2013 |
Answered on 08/04/2013
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AQW 19004/11-15
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Mr Jim Allister KC
(TUV - North Antrim)
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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.
+ Display Answer
| 28/01/2013 |
Answered on 11/03/2013
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AQW 18623/11-15
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Mr Jim Allister KC
(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]
+ Display Answer
| 18/01/2013 |
Answered on 12/09/2014
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AQW 18424/11-15
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Mr Jim Allister KC
(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.
+ Display Answer
| 14/01/2013 |
Answered on 12/09/2014
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