Results 401-420 of 9,753 for speaker:Terry Leyden

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: The Senator is being genuine in her comments.

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: When I made my comments, which were not meant to offend Senator Quinn, I did not realise there was a family relationship involved. I would not wish to offend the Senator in any sense because we go back a long way to the time when I was Minister of State with responsibility for trade and marketing. His company has been exemplary in what it has done for Irish industry and producers. His was the...

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I accept that but is it not extraordinary that everybody here is so understanding of what happened with the directors concerned? They offered their resignations which were turned down by the same people who had appointed them. Let us live in the real world. They should have admitted they did not have their eye on the ball and resigned.

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I am not part of the Establishment. Senator Quinn would be part of the wealthy Establishment. I am just an ordinary Senator from a rural constituency—

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: —who represents the ordinary people – councillors and public representatives who work unselfishly for others. I do not have any vested interests or directorships in companies. I am not a director of any company. I am not a shareholder in any big company other than small ones like Irish Permanent plc, in which I held a few shares at one time. Those of us in this House represent the people...

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I am making a point about executive directors and their responsibilities. I make it by way of supporting the Minister of State in the inclusion of this provision in the Bill. Why are directors prepared to take high fees and not take responsibility or liability? That is extraordinary. All the staff of the AIB have had to work harder to pay for the fraud that occurred in the United States....

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: It is all right for everybody else to do it. Senator Quinn—

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I am speaking to it. It is all right for everybody else to have a go at me but I cannot have a go back at anybody. I will not be silenced.

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I will make it again because this is a kind of cover-up. We cannot talk about the AIB, even though $670 million was stolen from it, for which we are paying. Can I not say that in this House? There should have been a public inquiry into the activities of the AIB which, incidentally, was rescued by this House at the time it amalgamated with the Insurance Corporation of Ireland. It was saved...

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: It is a very interesting one. I want to clarify the position. If people in the AIB are offended, they can contact me and if they want to close my account, I will close it, although I have stayed loyal to it since I first started working in the 1960s. I will remain loyal because I respect the employees and local managers who work unselfishly for the company and are under terrible pressure...

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I am grateful for that and wish them every success in the future but hope they never get into similar trouble again. Once is enough.

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: To clarify the position, there are excellent non-executive directors of companies who deserve our recognition and credit but there are others who just receive the rewards and do not take the responsibility. I ask the Minister of State not to change the amendment because it is appropriate and timely. If directors are not doing their jobs properly, they should be held liable. Senator White made...

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: I express my sincere thanks to the Minister of State for his patience and forbearance in listening to Senators for a long period. This is excellent legislation. I thank the Leader, who has presented to the House a large volume of legislation for consideration, and the Tánaiste and Minister for Enterprise, Trade and Employment, Deputy Harney, who has taken an innovative, forward looking...

Seanad: Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages. (29 May 2003)

Terry Leyden: At 2.30 p.m. on Tuesday, 10 June.

Seanad: Order of Business. (10 Jun 2003)

Terry Leyden: The Leader of the House has agreed, in principle, to have a debate on the Forfás report in early July. In advance of that debate, I call on the Leader to ask the Tánaiste to instruct the Competition Authority to carry out an immediate investigation into the pricing of oil and diesel in the Irish market by the major companies. The prices of such products do not reflect the great difference...

Seanad: Order of Business. (10 Jun 2003)

Terry Leyden: I believe in naming and praising.

Seanad: Order of Business. (10 Jun 2003)

Terry Leyden: I would like to praise Anthony Browne who sells diesel for 70.9 cent per litre in Moate in the Leader's constituency.

Seanad: Order of Business. (10 Jun 2003)

Terry Leyden: It is highly commendable.

Seanad: Order of Business. (10 Jun 2003)

Terry Leyden: I also commend—

Seanad: Order of Business. (10 Jun 2003)

Terry Leyden: The Senator means the Government.