Results 4,981-5,000 of 26,021 for speaker:Kieran O'Donnell
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: I refer to the CRC medical devices company. What year was that established?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: I want more clarity.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Was it formed as a direct subsidiary of the CRC?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Is it correct that at the time a loan of €460,000 was given by the CRC to the medical devices company?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: I am told the medical devices company is now a subsidiary of Friends and Supporters of CRC. It was originally a subsidiary of the main company and received this loan.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Explain to me why a company which was a subsidiary of the main company transferred to be a subsidiary of Friends and Supporters of the CRC Limited.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: In essence-----
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: In essence, Friends and Supporters of the CRC Limited receives money from collections made by people up and down the country. A loan of more than €500,000 was transferred onto the backs of the people throughout the country who collected money, made private donations and collected the proceeds of the Santa bear appeal which went to Friends and Supporters of the CRC Limited and the...
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: It is still money collected from the public. To a layman looking in, it looks like CRC Medical Devices which appears to have been a loss maker, bar one year, had accumulated loans of more than €500,000 and it was transferred from being a subsidiary of the CRC group. Effectively, the CRC was bailed out by Friends and Supporters of the CRC Limited for this dead duck of a company which...
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: I have no problem with Mr. Nugent coming back. It is a very simple question. He is chairman of the board. The company is being sold to Munster Medical Supplies which I assume Mr. Nugent had to approve. He must know how much the sale of CRC Medical Devices will raise. How much of a black hole will emerge for Friends and Supporters of the CRC Limited? How much is the CRC getting for its...
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Give me a bottom-line figure.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Mr. Nugent must have it.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: With due respect, I am pursuing a line of questioning. The figure for how much CRC Medical Devices was to be sold would have to have been decided. What is the total?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Over how long a period of time.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Does Mr. Nugent anticipate the loss on the loan to be in the order of €50,000. Is that what he is stating?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Has the actual company been sold? What is the structure of the CRC medical services company? Who are its directors?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Yes.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: What is the legal structure of the company?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Are salaries paid? Are there employees?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Kieran O'Donnell: Did the directors receive fees?