Results 3,741-3,760 of 4,491 for speaker:John Perry

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: Would Mr. O'Toole not agree that fact should have been put in the public domain from the very start? Questions have been asked in the Dáil as to what is happening to this fund and about its inability to operate. Situations of that nature should be put on the record as should the caveat and the restrictions in using this fund rather than saying it will close in 2015 and that none of the...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: On that point, I was involved with the microfinance fund. While the Government is anxious that aid under the microfinance fund be dispensed, there is much red tape around draw down from it. The state aid rules which will apply over the next five years are very liberal and are a signal that the European Investment Fund, EIF, and European Investment Bank, EIB, are determined to reignite...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: That is a critically important point. The sole purpose of the fund is to assist in restructuring of the credit unions. What is the interest charge on repayments?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: What is the duration of the loans? Are loans available on a long-term basis?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: Is it possible to get a loan repayable over 20 years?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: In terms of loan repayments and the interest charged thereon, there will be a very good return on investment. Credit unions will also probably be charging their customers an additional percentage per month.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: In terms of the resolution of the fund, is Mr. Doyle not disappointed with regard to the outcry of recapitalisation of banks and credit unions in the context of the availability of credit? There is no point having this fund in place if it is not drawn on. Are further measures needed to ensure greater flexibility to enable credit unions to avail of it in order to recapitalise themselves?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: Both.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: That may be the case but it is at the expense of the provision of loans to people wishing to undertake home improvements and so on under the home renovation incentive. In a city like Dublin, the economy of scale is far larger than it is in a small community area. It is important there is recognition and definition of the urban-rural situation vis-á-visthe credit unions. Given that...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: What is the projected draw down from the fund by end 2015?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: Has the board put together a business plan in respect of the amount it expects to draw down?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John Perry: Would it be possible to the details in that regard to the Chairman?

Written Answers — Department of Children and Youth Affairs: Child Protection (17 Dec 2014)

John Perry: 136. To ask the Minister for Children and Youth Affairs the reason the Health Service Executive in Sligo has failed to provide services to a child (details supplied) in County Sligo despite the fact that after two years of waiting for these services, it has failed to communicate anything to the parent of the child despite continual requests; and if he will make a statement on the matter....

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John Perry: I welcome the chairman and chief executive officer of NAMA and compliment them on the update - as of June - in the report. It is highly impressive and I note that Mr. Daly, as Chairman of the Revenue Commissioners and chairman of NAMA since its inception, certainly has given huge service to the State. I ask him to share his thoughts on NAMA and the challenging job it has been since its...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John Perry: I reiterate my compliments to NAMA on what has been an extraordinary achievement when one looks back to the time of the board's appointment and when one considers that NAMA is two years ahead of its targets. While I compliment the chairman on the leadership given in this regard, I have one or two queries. In the context of the present position with regard to small businesspeople, I refer...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John Perry: It is good to hear that NAMA has a strategy for consortia from outside Dublin because there is a two-tier economy operating at the moment. The commercial realities in Dublin are very different to those in the west of Ireland and in smaller towns and villages all over the country. Many people joined property consortia outside of their main business interests and they are finding it very...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John Perry: I am glad to hear that there is an understanding and respect for those involved in consortia. We have all heard about the cases involving larger companies but the backbone of Ireland is small companies. Many of them got involved in ill-conceived investments that were not connected to their main businesses. We need to revitalise that engine of job creation. I would be very interested in...

Public Accounts Committee: National Asset Management Agency Financial Statements 2013 (18 Dec 2014)

John Perry: I compliment the element of reinvestment in hotels which will have a massive tourist potential for Ireland. I welcome also the clear vision with which they have been remanaged. I have spoken to a number of developers who got a second chance, which is very important. These are Irish people who have made mistakes but are getting a second chance. That up to 80,000 jobs are being created a...

Public Accounts Committee: Financial Statements of the Higher Education Authority 2013
General Report No. 85 of the Comptroller and Auditor General: Accountability and Governance on the National College of Art and Design (22 Jan 2015)

John Perry: We are looking at the retrospective accounts of the HEA and the National College of Art and Design. Having visited the National College of Art and Design, NCAD, I wish to put on record its extraordinary achievement. Professor McGonagle stated that 82% of NCAD's budget was spent on wages. That is €16.4 million. Is that amount clearly audited? If so, €3.6 million would be open...

Public Accounts Committee: Financial Statements of the Higher Education Authority 2013
General Report No. 85 of the Comptroller and Auditor General: Accountability and Governance on the National College of Art and Design (22 Jan 2015)

John Perry: Perhaps the Comptroller and Auditor General might comment on due diligence. The €16.4 million, which relates to wages and costs through the payroll system, is fully audited, so the only concern is about the €3.6 million. Is that correct?