Results 3,501-3,520 of 19,173 for speaker:Shane Ross

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: I am not asking about conspiracy theories. I am asking him whether he thinks there is a pattern of somebody trying to damage the Committee of Public Accounts.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: There is no evidence that it is coming from a particular source or that there is an agenda.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: I am finished.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: Can we not have a ten-minute adjournment?

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: I thank Deputy McGuinness for finally answering the question he refused to answer earlier. I had not arranged it with him beforehand.

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: That is conjecture. It is a conspiracy theory. I ask Deputy McGuinness to comment on a couple of points. It is a serious situation when a Government Deputy asserts that members of Government believe Deputy McGuinness has gone too far. There is talk on the Government side of conflicts arising between the committee and the Government. It appears that we are totally politicised and almost...

Public Accounts Committee: Statement by Chairman (13 Jun 2013)

Shane Ross: As an Independent Deputy I would like to say in particular the suggestion there has been methodical leaking from the Department has extraordinarily grave implications for Members of the House and people outside it. This should get a response immediately.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: I thank Mr. Elderfield for coming before the committee. I imagine it will be the last time he comes before the Committee of Public Accounts because he is leaving in October. I am sorry that he is leaving because under his stewardship the situation has undoubtedly improved a great deal and I thank him for that. Could Mr. Elderfield tell us why he is leaving?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Mr. Elderfield is on his third year of a five-year contract. Is that right?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Yes, but the decision was made after three years. Does not that not reflect some disappointment with the situation here? Mr. Elderfield anticipated coming for five years and he suddenly decided that he would go home after three years.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Does it have any reflection on the state of the economy, the state of the job or the Central Bank in any way?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Mr. Elderfield is leaving us at a time when the project upon which he embarked and on which he has done well is still in its infancy to some extent and is very fragile. Does Mr. Elderfield accept that?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Okay, but Mr. Elderfield is leaving us with a lot to do.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Is it correct that the stress tests have been delayed?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Does that give Mr. Elderfield any cause for alarm? Would it not have been better to keep to the original timetable?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Is Mr. Elderfield happy with the results of the last stress tests?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: I think Mr. Elderfield knows that I have been alarmed about the last stress test and I have never been able to get to the bottom of the problem. There was a whistleblower in the Central Bank at that time.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: What was the allegation by the whistleblower?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: Was the individual suspended?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Shane Ross: It is important that the public is happy that the whistleblower system in the Central Bank is working properly.