Results 3,201-3,220 of 9,291 for speaker:Pádraig Mac Lochlainn

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: I have to ask the question. If members of the public were here, they would want to ask it. Perhaps we will get more light in the documentation and we will revisit this on another day. However, I leave that question hanging there as it is a question that is asked regarding the show trial of one individual and whether there is an issue where other bodies gave these institutions clean bills...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: No, I have another question. The Law Reform Commission discussed six core powers. I will not read them but the officials will be familiar with them. What are their thoughts on the six core powers as a framework for the future? Do they accept them as prudent? Should they be reflected as we work our way through this legislation and any possible amendments thereto?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: It strikes me that in his response, Mr. Drennan has almost made a case for an overall agency if the ODCE could not have been tasked with the matter of looking at audits. From the perspective of the ordinary layperson, which is what I would regard myself as in this regard, the full picture was not fully examined. This committee has received submissions which pointed out that in a court of...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Do investors in a company look to an audit as reassurance that their investment is a safe one, for example?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Is that not terrifying?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Okay.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: That is my fault.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: I have a final question.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: It will be. I talked about how, when one goes on an aeroplane, one puts one's faith in the pilot being adequately trained and one's life in the pilot's hands. We have perhaps a foolish perception that auditors sign off on accounts and give a company a clean bill of health. If an engineering company cleared an aeroplane and it goes down, my life is gone. I would like to think that my loved...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Mr. Drennan will be back so we can develop that further.

Seanad: An tOrd Gnó - Order of Business (14 Feb 2019)

Pádraig Mac Lochlainn: As colleagues in this House know, a very serious story has broken today regarding the fact that the PSNI has withheld huge volumes of information from the police ombudsman in the North. This information is pertinent to matters of the utmost importance, particularly to the families who have lost loved ones. I want to talk about the family of Councillor Eddie Fullerton from my hometown of...

Seanad: Progress in Relation to Climate Change: Statements (14 Feb 2019)

Pádraig Mac Lochlainn: Energy and food security are the two most important sovereignty issues facing Ireland over the coming decade. Agriculture and rural land are the pillar upon which both of these are built. As the world shifts globally from an extractive economy to a regenerative economy, successive Governments have been sitting on their hands and have failed to provide the leadership required to guide the...

Seanad: Nithe i dtosach suíonna - Commencement Matters: Services for People with Disabilities (5 Feb 2019)

Pádraig Mac Lochlainn: The Minister will be familiar with this issue, which affects a number of organisations in Donegal. iCare, which is based on the Inishowen Peninsula and works with more than 100 families of children and young people with autism, provides an absolutely vital service not just for the Inishowen Peninsula but for the wider area of north Donegal.The Bluestack Special Needs Foundation based in...

Seanad: Nithe i dtosach suíonna - Commencement Matters: Services for People with Disabilities (5 Feb 2019)

Pádraig Mac Lochlainn: I acknowledge the Minister of State's long campaign for families with loved ones with disabilities and for persons with disabilities. He has personal knowledge of being a carer so he will understand more than most just how frustrating the situation has been. I will again tell the story of iCare, which I know so well because it is based in my home town of Buncrana. It has been in operation...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: In its report last October, the Law Reform Commission recommended a corporate crime agency. I was my party's justice spokesperson and I remember at the time a key contribution was made by Remy Farrell, a senior counsel. He was heavily critical and stated it had never been a better time for white-collar crime. He referred to the dramatic under-resourcing of a range of agencies, including...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: I presume the Department will proceed with the Bill. Does Ms Greene foresee the corporate enforcement authority coming under the umbrella of a corporate crime agency and being subsumed into a wider agency at some stage?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: The LRC report identifies and recommends six core powers for financial and economic regulators. I will not read them out as Ms Greene is familiar with them. Does she agree with its assessment? Are those six powers essential? I acknowledge her point that the heads of the Bill were published before the report. However, if she considers those powers essential, is she willing to make further...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: Is Ms Greene satisfied with the current level of co-operation and interaction between the ODCE and the Garda and the DPP?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: On Brexit, last week, Barclays bank sought permission to transfer €190 billion in assets to its Dublin branch. There will be many such transfers in the coming months. Are such practices being closely observed? Obviously, this is a turbulent time for the economies of these islands and Europe itself and there will be significant transfers of assets. Is Ms Greene satisfied that the...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: Everything that I have heard in the responses of the witnesses points to the need for an umbrella agency to join all the dots. I acknowledge that they highlighted that, ultimately, the Minister and the Government may need to reflect on that. In their considerable collective experience, do they consider it likely that there would be resistance within the ODCE or the Department to a...