Results 6,261-6,280 of 7,777 for speaker:Joe Costello
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Retirements and redundancies
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Would much of the State grant have been used on early retirements and redundancies?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Was that an appropriate use of the Oireachtas grants?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: A previous Oireachtas grant would have been roughly the same and that would have been used for grant and aid and various other purposes. So there would have been a deficit in relation to the uses of the previous year to allow for the larger part of the Oireachtas grant in 2013 to be used for staff redundancies.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Where was the shortfall then because it would have been a similar Oireachtas grant each year?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: On page 18, the grant income, under 2012 grant-in-aid there was €4.602 million to industries. In 2013, there was €1.698 million to industries and €3.439 million to grant-in-aid.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: It is just that it does not appear in a similar fashion in the 2012 and the 2013 accounts.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: It was a separate grant.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: However, on the dichotomy of the imbalance or the disproportion between the quantity in 2012 that went to industries and what went to industries in 2013, Mr. Pakey says there is no connection, but nevertheless there is a strange gap there.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Send us a note to clarify that.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: I have another question on oversight. Will the company welcome the attention of this committee and the Comptroller and Auditor General in future? I know it is not obligatory but-----
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: How does Mr. Pakey envisage oversight from the Department in future?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: I did indeed, yes.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: No liabilities are attached.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: That is for the future and people who are active at present will be covered by that. However, what about people who are no longer active? Are there deferred payments in respect of any of the staff Shannon Development has been dealing with in terms of the superannuation scheme?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: How is that? Aer Lingus was operating in Shannon.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: It is an entirely separate scheme.
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: There are no liabilities accruing at present. Is that correct?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Could we get a note on the matter, please?
- Public Accounts Committee: 2013 Annual Accounts of Shannon Free Airport Development Company (9 Oct 2014)
Joe Costello: Will the deputation come to some of the nitty gritty of in the report in terms of the sale of assets and rental income? Mr. Pakey remarked that €5 million was realised following the sale of assets in 2013. Can Mr. Pakey give us some idea of what assets were sold? There is a reference to impaired assets which were not performing as well as assets that were in fact revalued upwards...