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

Shane Ross: You are being diplomatic as well.

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

Shane Ross: Will Mr. Elderfield find out and let us know who wrote the third party report?

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

Shane Ross: I will finish by asking Mr. Elderfield to address an important issue, if he does not mind. I ask him to stop me if I misinterpret what he said. He commissioned a report from the third parties to tell him about the client assets.

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

Shane Ross: They misinformed him.

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

Shane Ross: Did he pay them?

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

Shane Ross: Is action being taken to recoup the money?

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

Shane Ross: That is not good enough.

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

Shane Ross: When Mr. Elderfield missed it, he came out with his hands up. They also missed it but they have been paid.

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

Shane Ross: This fraud was discovered by Appian.

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

Shane Ross: It was buying the mess. The people commissioned by Mr. Elderfield were appointed because the company was in turmoil. I presume they were specifically mandated to look for something like this but they appear to have failed completely. They returned what he describes as a false positive, which basically is an indication that everything was okay. Surely he should investigate a means for...

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

Shane Ross: That is fine. I ask him to let us know what they were commissioned to do, how much they were paid, what they found and what is being done about it. Is that a reasonable request?

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

Shane Ross: No, but I could find out.

Hundredth Anniversary of 1913 Lock-out: Motion (Resumed) [Private Members] (19 Jun 2013)

Shane Ross: When I read the motion for the first time I was somewhat bemused and I realised I had not read anything like it for many years; nevertheless I feel I have an authority to speak to the motion because my guess is that I am one of the few paid-up members of a trade union in this group. I share some of the sentiments - although certainly not the rhetoric - of my colleague, Deputy Higgins. I...

Hundredth Anniversary of 1913 Lock-out: Motion (Resumed) [Private Members] (19 Jun 2013)

Shane Ross: -----in their eagerness to claim the mantle of Connolly and Larkin. Karl Marx died 130 years ago.

Hundredth Anniversary of 1913 Lock-out: Motion (Resumed) [Private Members] (19 Jun 2013)

Shane Ross: The rhetoric being employed is old-fashioned and irrelevant and would not be related to by young people who are not particularly interested in the trades union movement and would not respond particularly favourably to the kind of buttons being pressed by this motion. It is the politics of confrontation and the past, and it is the politics of class warfare which I hoped was long forgotten. ...

Public Accounts Committee: Business of Committee (20 Jun 2013)

Shane Ross: I was in touch with the Chairman about the IDA. It was put off from coming in here on 21 May and it appears it would be appropriate it should come in in the near future because of the topical issue of Ireland being a tax haven because of the corporate rates, which is a matter of controversy and an issue of concern to the Exchequer. Could we fix a date for the IDA to appear before us? It is...

Public Accounts Committee: Business of Committee (20 Jun 2013)

Shane Ross: That is very late. Is it the earliest we can fit them in?

Public Accounts Committee: Business of Committee (20 Jun 2013)

Shane Ross: That is reasonable but we should not dance to the tune of the State agencies. It should be our time, not theirs, that dictates. For the IDA to say it will not be coming in until September is not satisfactory. I would be reluctantly willing to accept September because I can see our workload.

Public Accounts Committee: Business of Committee (20 Jun 2013)

Shane Ross: I am happy to wait but I do not accept that for one moment. We should be able to have agencies appear regardless of where they are in annual accounts.

Public Accounts Committee: Business of Committee (20 Jun 2013)

Shane Ross: I do not think Deputy Fleming would object to the IDA coming in now. I do not think he was suggesting that in the context of the IDA.

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