Results 6,941-6,960 of 26,037 for speaker:Kieran O'Donnell
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: It is the longest sale in history.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: With due respect, I cannot go down the route understood in the explanation of the 21-year delay. There is an inherent weakness in such a situation. I have never heard of a situation in which it took 21 years for a sale involving someone who is currently a tenant of the building in question, and who has not been charged rent in the intervening years, to proceed. Maybe there are such cases....
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: This is not personal, but with due respect to Mr. Moran it is unacceptable from a taxpayers' viewpoint that a person who has been in a building rent free for the last 21 years is now buying that building at 1993 values. Maybe it would be a different situation if they were paying current values, but they are actually buying it at a price that was negotiated 21 years ago. It is as if I were...
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: I ask for a note on that. Very quickly-----
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Does the person in question have use of the site?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: For what purpose?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Can I put something else to Mr. Moran?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: What is the current value of that site?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: These are the questions-----
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: I would have no great issue-----
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: With regard to proper due diligence on the part of the Department - it was the communications Department at the time - if there were going to be difficulties with the sale, it would be normal practice to draw up an agreement to the effect that rent would be charged at a reduced rate until the sale was completed. I think it is a legitimate question. Am I correct in my understanding that...
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Am I correct in my understanding that the rental income is approximately €1 million per annum?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: That means two years of rental income has been billed retrospectively. I assume that happened in the period when the Department was doing up the asset registers.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: How much of that rent is still outstanding?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Okay.
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Is that the €5 million?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Just 3% of the €2 million that was billed in arrears is outstanding. Is that correct?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: What is the total?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: Does the Department have any possibility of getting that money back?
- Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)
Kieran O'Donnell: My understanding is that €5 million is outstanding at the moment overall. How much of that is still due to be collected?