Results 6,741-6,760 of 10,878 for speaker:Matt Carthy
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: But in principle?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: I know the witnesses have indicated they cannot or will not deal with the specifics of what potential companies with which Coillte is engaging but we can take Gresham House as an example of the type of companies that are engaged in this type of activity. The witnesses may be aware of some very serious concerns within Scotland where a member of the Scottish Parliament, when describing a joint...
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: When Ms Hurley says "in due course", I presume she means after contracts have been signed.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Let me ask, when the formal announcement is made, will it be a fait accompli? It will be just for the information of the public.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: I am sorry but it is a fairly simple question. Will Coillte be announcing the proposed arrangement or the finalised arrangement?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Before that does Coillte consider that it needs the approval of their shareholders, as they describe the Department of Agriculture, Food and the Marine?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Thus, the answer is "No".
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Thus, the answer is "No".
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: I am asking whether those consents will include approval from the Department. The answer I have been given by Ms Hurley is that such consent is not required, as far as Coillte is concerned.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Let me use a broad construct. Does Coillte consider it appropriate to get the approval of the Department for the construct in which it plans to engage with a third party beforehand?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: My next question should have been put five minutes ago-----
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Will Coillte, considering the Department is its sole shareholder, seek its approval for such a construct?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: I know that. Will Coillte ask for its approval?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: It is being used by Ms Hurley's colleague.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: I am taking it that is also a "No". With regard to oversight, I asked whether Coillte was looking at international evaluation. Would Coillte look at the financial history of those involved in a fund before it enters into an agreement with them? Would it ensure there was nothing untoward or that no constituent party of any fund had been found in breach of the Central Bank or Garda fraud,...
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: In one famous instance that may have been mentioned, a British-based fund's Irish operations occurred on the basis of a purchase of an asset management company in Ireland and the founder of which was then appointed as managing director of Irish operations. The Central Bank fined those Irish operators €443,000 last year, which is not ancient history, because they had failed to submit a...
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: That does not sound definite either. I wish to move on. I understand that is a joint venture.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Have private investors formed the fund?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: What do they get out of that?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)
Matt Carthy: Are they able to use that to offset?