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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: The total figure for assets is €1,031 billion. What sorts of assets are held by these companies?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: That is fascinating. The first table refers to funds raised on Dublin Euronext between 2018 and 2021 in the billions of euro. Will Dr. Stewart talk us through that table and comment on the fact Russian Railways, RZD, raised a total of €10.1 billion in the years 2010 to 2021, inclusive? He stated that in addition, banks availing of section 110 raised finance for the Russian military....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: Dr. Stewart gave a specific figure in respect of Russian Railways, of €10.1 billion, but he stated a number of banks raised money that went to the Russian military. Can he quantify that? Where did the money come from for that specific purpose? Was that from Russian investors as well?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: These firms, based in Ireland with zero employees and paying little or no tax, are providing funds for the Russian military and Russian Railways. It is difficult to believe all this has gone on. Would any of that information have shown up in the information being collected by the Central Bank, or is it so general that it does not get down to the granular nature of the answer to that query?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: In light of the current sanctions against Russia, should the Government step in and do something about companies that can clearly be identified as raising funds for either Russian Railways or the Russian military? Surely we have an obligation to stop this.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: Moving on to the use of holding companies, which Dr. Stewart discussed in his opening statement, a former US expert on organised crime in the former Soviet Union, who was also CIA chief of base in that country, gave evidence to the US House Committee on Financial Services that identified Ireland as a major location for wealth leaving Russia in the post-Soviet period. I presume the wealth...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: Will Dr. Stewart elaborate on the use of more recent forms of corporate entity, for example, limited liability company, LLC, and their likely use by the criminal groups he refers to as second order actors?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: Dr. Stewart has provided notes relating to commentary earlier in his statement regarding structures in Ireland that became obvious in a court case involving intimidation and fraud. These are notes Nos. 2 to 4, inclusive. Will he comment on this matter generally?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: What I take from Dr. Stewart's opening statement and our discussion is that the Irish Government and regulators – the Government through legislating and the regulators through implementing legislation – have a great deal to do just to get a handle on some of this. It will be almost impossible to get the full picture. We need to take a far greater interest in what is happening...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: I am inclined to agree with Dr. Stewart.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

John McGuinness: I thank Dr. Stewart for giving generously of his time and insight. This is an intriguing topic, and the more one goes into it, the more one wants to know about it. I thank Dr. Stewart for attending. I also thank members for their contributions.

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Payments (31 May 2022)

John McGuinness: 452. To ask the Minister for Employment Affairs and Social Protection if an application for the domiciliary care allowance relative to a person (details supplied) will be expedited and approved based on the medical reports provided and the outline of the daily care that is given by a person. [27373/22]

Written Answers — Department of Health: Protected Disclosures (31 May 2022)

John McGuinness: 657. To ask the Minister for Health the status of an investigation into the death of a person (details supplied); if the protected disclosure made by a health professional relative to this case has been fully investigated; if An Garda Síochána was informed by the HSE of the allegations made by the whistleblower; if the health professionals at St. Patrick's Hospital, Waterford and...

Written Answers — Department of Health: Hospital Staff (31 May 2022)

John McGuinness: 658. To ask the Minister for Health the total number of staff, their qualifications and the number of staff in each category who are required to provide services at the department of psychiatry, St. Luke's Hospital Campus, Kilkenny; if there are vacancies in any category; if so, the length of time that each vacancy has existed; the efforts that have been made by the HSE to fill each vacancy;...

Written Answers — Department of Health: Health Services Staff (31 May 2022)

John McGuinness: 659. To ask the Minister for Health the total number of staff, their qualifications and the number of staff in each category who are required to provide services at Kilkenny and Carlow child and adolescent mental health services, CAMHS; if there are vacancies in any category; if so, the length of time that each vacancy has existed; the efforts that have been made by the HSE to fill each...

Written Answers — Department of Health: Hospital Appointments Status (31 May 2022)

John McGuinness: 663. To ask the Minister for Health if a diagnostic assessment will be arranged as a matter of urgency for a person (details supplied). [27387/22]

Written Answers — Department of Health: Hospital Services (31 May 2022)

John McGuinness: 664. To ask the Minister for Health his plans for the future development of the Kilcreene Hospital Campus, Kilkenny; if services provided by the hospital will be expanded; if new services will be introduced; if there is a capital plan in place for the next five years; and if he will make a statement on the matter. [27411/22]

Written Answers — Department of Health: Hospital Services (31 May 2022)

John McGuinness: 665. To ask the Minister for Health the progress being made in completing an action plan for the development of the former St. Canice's Hospital site, Dublin Road, Kilkenny; and if he will make a statement on the matter. [27413/22]

Written Answers — Department of Health: Hospital Services (31 May 2022)

John McGuinness: 666. To ask the Minister for Health the status of the contract for the construction project at St. Columba's Hospital, Thomastown, County Kilkenny; if he will outline the plan and services to be delivered; and if he will make a statement on the matter. [27415/22]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee (25 May 2022)

John McGuinness: We are in public session.

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