Results 29,641-29,660 of 34,885 for speaker:Seán Fleming
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: I see the accounts have a 41% provision for impairment against costs in respect of the IDA's industrial property holdings. The total cost of the IDA's land, site development, industrial property and industrial property for accommodation is €463 million, and there is a total impairment of €190 million. Is that just for a pure reduction in value of that property of over 40%?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: So Ms Gannon feels that there is a write-down of €190 million out of the €463 million. That is fairly significant. The taxpayer has had to write off €190 million worth of IDA land, sites and buildings.
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Can Ms Gannon talk me through the repayment application for the €68 million site? In 2009, the IDA agreed a charge over industrial land which was the subject of an uncompleted sale for €68.5 million. Where and what was that transaction? What is the outcome of that? Why did the IDA have to pay that money? What does it have at the end of it?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Was this a specific site?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: How big is the site?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: A total of €68.5 million was spent on that.
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: It is still a green field. Is it grazing sheep at the moment? That is the kind of thing that is done when it is not being used.
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Would the IDA have outline planning for that to speed up the process if it was to attract a company?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: What is UNTAG?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Will Mr. O'Leary send us information on the figures?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: A major part of Mr. O'Leary's role is to try to have some of the Irish companies that invest abroad locate their investment here. Obviously, the Kerry Co-operative facility in County Kildare is an example of a project that could have moved abroad.
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: I do not want to focus on the controversy about the payment of tax by multinationals. However, will Mr. O'Leary outline the level of engagement between IDA Ireland and the Department of Finance prior to the budget? Is there a structure in place for liaising with IDA Ireland? I recall two minor issues that arose last year. A tax incentive was given to the employees of Irish companies...
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Is the process conducted in writing?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Do the parties meet to discuss it?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: On the issue of paying education fees for the children of executives coming to Ireland-----
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: That is what I would have expected. I wonder why we went through the hoo-ha.
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: How much is paid to attract companies to invest in the regions?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Is the figure large - is it in the single or double digit figures?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: Will Mr. O'Leary provide a breakdown between counties as to the level of inducements offered?
- Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)
Seán Fleming: I know that IDA Ireland concentrates on attracting companies to Ireland, not to individual regions. It is a victory to get companies to locate in Ireland, whether in Dublin or elsewhere, but does IDA Ireland have a strategy for counties where no companies have located in recent times? I am sure Mr. O'Leary knows I am from Portlaoise and that no jobs have been created in County Laois in the...