Results 19,201-19,220 of 26,148 for speaker:Kieran O'Donnell
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: These are the questions-----
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: I would have no great issue-----
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: With regard to proper due diligence on the part of the Department - it was the communications Department at the time - if there were going to be difficulties with the sale, it would be normal practice to draw up an agreement to the effect that rent would be charged at a reduced rate until the sale was completed. I think it is a legitimate question. Am I correct in my understanding that...
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Am I correct in my understanding that the rental income is approximately €1 million per annum?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: That means two years of rental income has been billed retrospectively. I assume that happened in the period when the Department was doing up the asset registers.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: How much of that rent is still outstanding?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Okay.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Is that the €5 million?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Just 3% of the €2 million that was billed in arrears is outstanding. Is that correct?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: What is the total?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Does the Department have any possibility of getting that money back?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: My understanding is that €5 million is outstanding at the moment overall. How much of that is still due to be collected?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Am I correct?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Yes.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Some €5 million was owed to the centre in June 2013. A bad debt provision of €3 million has been set against this. Am I correct in that assessment?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: I do not mean to be personal, but we have a job of work to do. Is Mr. Moran happy with what has happened here?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Mr. Moran took over in 2007, seven years ago.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: It was six years ago. The 2009, 2010 and 2011 accounts were qualified by the Comptroller and Auditor General. I make the following point as an accountant as well as a politician. The Department took over the harbour centres in 2007 and 2008 and started to compile a database. The final version of this modification was put in place in March 2009 and the Department did not do any rental...
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: I am not certain the private sector would have the luxury of nearly six years to deal with what should be a relatively straightforward matter. It involves approximately €8 million per year of taxpayers' money. It was €11 million in 2007, €16 million in 2008, €14 million in 2009, €8 million in 2010 and €8 million in 2011. The fishing industry is...
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: How did the audit proceed?