Results 19,521-19,540 of 34,779 for speaker:Seán Fleming
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: I do not know where this is leading.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: We will move on from that topic.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: The Deputy can make a further contribution.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: I will let Mr. Meaney and the other witnesses know where we are. Those who have indicated have asked their first rounds of questions between our previous meeting and this meeting. Some members have indicated to make a second contribution. We will start with Deputies Cullinane, MacSharry, Aylward and Burke. However, before we proceed to the second round, I have three brief questions to put...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: That is what I thought Mr. Meaney said. IGB has suspended a consultative forum until-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Was the consultative forum only for Dublin?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: I know there is the issue in Harold's Cross and Shelbourne, but why would you suspend the entire consultative forum and decide not to have any consultation as part of the consultation forum until Shelbourne is reopened? Mr. Meaney understands-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: -----how I felt his remark sounded.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Whom is it up to to call such a meeting?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: As Chairman, I am confused that Dr. Brady says he wants to make every effort to consult, mediate and talk and then, in the next breath, Mr. Meaney says he is suspending the consultative forum. That sounds contradictory to me. Does Mr. Meaney understand the point I am making?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: That is all I am saying. I have just been listening to the two of them this morning. I did not have any prior knowledge of this. Perhaps I will ask Mr. Creed the second question. It is about the bank. The witnesses have confirmed that the bank has not offered any write-down on the debt but did IGB raise, or will it raise, the question of a write-down? IGB owes a bank a lot of money....
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Fine. This is where I was trying to be helpful to Deputy Cassells earlier in his questioning. The bank has not offered a write-down, but the second half of the question was whether the IGB has sought one. Mr. Creed said IGB has sought a write-down, which I understand, but that discussions are still ongoing. In other words, IGB has sought a write-down but it has not been offered. It is...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Obviously, this is a game-changer for IGB's debt-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Yes. That is why I ask the question. Does the IGB have an expected completion date as to when it will receive that funding?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Does Mr. Creed expect to receive it this year? The money-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Will Mr. Creed give us the expected timescale of the receipt of funds?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: The reason the witnesses are here is that IGB receives substantial funding from the Irish State and taxpayers, and there are competing demands for those funds. Judging from IGB's own financial management, approximately how much does it expect to receive this calendar year and how much does it expect to receive in the beginning of next year?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Yes.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Does Mr. Creed have any further information on that?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: He seemed to know about the bank.