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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Paul Coghlan: I did not mean any disrespect to the witnesses who are good people. My point is that there is no difference among the different types of director. The institution would be run just as well with two fewer directors. There was a flaw in the appointments. We do not need the public interest directors.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: I am good at pulling fast ones.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: I concur with the remarks made by the Leader of the Opposition and everyone else in respect of the Cathaoirleach, Deirdre, Jody, Aisling, all of the other staff and, indeed, Members. I extend my good wishes to everyone. Reference was made earlier to public interest directors. There is no such thing in law as a public interest director. They are all non-executive-----

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: Of course they are paid, they are directors.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: Will the Senators hear me out? I seek the Cathaoirleach's protection.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: No. Let us be honest, the people to whom I refer are surplus to requirements.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: I have no doubt that the late Brian Lenihan, God be good to him, had very good intentions when he appointed these people. However, there is nothing to distinguish them from others. We thrashed this matter out with Mr. Ray MacSharry yesterday - who meant well and who provided a good overview - and Ms Margaret Hayes. There is a need for fewer directors within these institutions and we...

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: I am simply explaining, for the benefit of all Senators, that the boards of these institutions rule by consensus. Everything is governed by loyalty.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: Mr. Ray MacSharry did not appreciate it when I informed him, with respect, that public interest directors are as useful as paps on a bull.

Seanad: Order of Business (20 Dec 2012)

Paul Coghlan: We are all equally bound by the law.

Seanad: Order of Business (22 Jan 2013)

Paul Coghlan: I also wish to be associated with the tributes to our dear departed Shane McEntee and with the expressions of sympathy to the McEntee family. We all knew Shane so well. My sympathies also to our colleague, Senator Deirdre Clune, and to Peter Barry on the death of her mother and his wife, Margaret. I am pleased that on the first day back Senator O'Brien, as is his wont, led well. We are all...

Seanad: Order of Business (23 Jan 2013)

Paul Coghlan: I loved the way Senator Darragh O'Brien told the House this morning that one would swear the Revenue Commissioners were valuation people. The truth of the matter is that we have plenty of time to deal with this issue. As the Senator knows, the Revenue Commissioners will issue an information booklet to every house in March of this year. While it will include an indicative guide, nothing...

Seanad: Order of Business (23 Jan 2013)

Paul Coghlan: One will be able to place one's own value on one's house. The house owner will know the value of his or her own property better than anyone else. There are very competent valuation people in estate agencies in every town in the country.

Seanad: Order of Business (23 Jan 2013)

Paul Coghlan: Nobody will make a mistake in this regard.

Seanad: Order of Business (23 Jan 2013)

Paul Coghlan: With respect, we have plenty of time to deal with this issue after March.

Seanad: Order of Business (23 Jan 2013)

Paul Coghlan: We do.

Seanad: Order of Business (23 Jan 2013)

Paul Coghlan: I am sure the Leader will have plenty of time to deal with this after March. We should await the booklet that will be published then.

Seanad: Order of Business (24 Jan 2013)

Paul Coghlan: I welcome the return to State care of the paintings which were stolen from somewhere in storage in the State, particularly that of Valentine Browne, the first Earl of Kenmare. These paintings which hung in Killarney House, not Muckross House as was inaccurately reported, have been recovered, having been offered for auction at Adams. They were stolen and sold in London at Bonhams. It is...

Seanad: Order of Business (24 Jan 2013)

Paul Coghlan: I will ensure they are hung properly in the right place.

Seanad: Water Services Bill 2013: Second Stage (Resumed) (24 Jan 2013)

Paul Coghlan: I welcome the Minister of State to the House and thank him for the overview of Irish Water which he provided to the House yesterday. It is good to know there will be ongoing liaison with people who are already involved in water services at local authority level nationally and that nobody's job is threatened. Water is a precious resource which is of great importance in our everyday lives. A...

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