Results 30,821-30,840 of 33,214 for speaker:Paschal Donohoe
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: The chairman at that point would have been Mr. Bradshaw, is that correct?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Does Ms Moylan have any recollection of any disquiet being expressed at those meetings? To be more specific, was Ms Moylan aware of any members of the council of the DDDA expressing disquiet regarding a potential conflict of interest?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: The only council meeting minutes we have received relate to the 68th meeting, which took place in July 2006, which is many months before the decisions were made regarding this site. I ask that the committee be furnished with minutes for the period when this decision was made and in the immediate aftermath. I wish to see minutes of any meetings held in October that contain references to the...
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: If I could, I wish to speak further on the matter. On the latter point, could Mr. McCarthy go through the answer again that he gave to Deputy Murphy on the change in the cap and the change in liability to the State?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: It is taken in that way. It appears highly relevant to understanding the ultimate exposure of the State.
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: If I could interrupt, in order to be clear, when Mr. McCarthy is talking about shareholders, does he mean the consortium that agreed to go ahead and purchase the site for €411 million? Is that what Mr. McCarthy is referring to?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: And then the liabilities to each other as well.
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Okay.
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Why was there a difference?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Was that less than the projected amount?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Was it more than anticipated?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: By whom?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Just so that I can be clear, is it the case that there was €291 million from Anglo Irish Bank and the shareholders were providing a guarantee in proportion to their share of the guarantee?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: So it was not the total amount. It was for €100 million.
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: What did that mean when the cap was lifted? Did it then increase the liability of the DDDA for any potential loss?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Did that increase the DDDA’s liability to a potential loss?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: Why did that happen? If the cap had stayed in place, the State would be dealing with a smaller loss than is the case to date.
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: I wish to zone in on a point amid all the complexity. The cap, which was key in terms of minimising the exposure of the State to the project if something went wrong, was removed.
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: What part of it was removed?
- Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed) (2 May 2013)
Paschal Donohoe: How much money did that end up costing the State?