Results 7,141-7,160 of 26,737 for speaker:John McGuinness
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: No. I am asking whether it discussed with the Secretary General the audits that were undertaken by local government auditors relative to the assets that it was taking over. "Yes" or "No"?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Did the Department?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Did it verify the figure of €11 billion?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: How does that asset valuation within local government compare with asset valuation in the private sector?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: How does the Department factor into the assets' value the fact that they are ancient, leaking and falling asunder in different places and that the quality of water is suspect in various areas, according to reports by the Comptroller and Auditor General?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Ten what?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Some €10 billion?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: It could be substantially less.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: The due diligence for which Irish Water is paying €6.2 million will establish that.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Is that not the due diligence?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: That is the €6.2 million in due diligence.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: From where will the €10 billion investment come if it is necessary?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Did it come from Irish Water?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: From where will that money come? Will it come from the Exchequer or is it expected to come through Irish Water?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Am I correct that it will have the authority to raise €2 billion?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: So €11 billion worth of assets and staff expertise and corporate intelligence generally will be handed over to Irish Water and the Department of the Environment, Community and Local Government will support it in some way in terms of the €6 billion to €10 billion that is required to bring the infrastructure up to date. It is then proposed to charge the people that own the...
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: I know that. Some of these are policy matters. I am interested in the finances. Why did the Department of the Environment, Community and Local Government not insist in the make-up of the legislation on the Comptroller and Auditor General following the money coming from the Exchequer? Why did that not happen? Was that considered? I know it is a policy decision in the end but did the...
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: I will explain the practice for this committee to Ms Graham. The practice has been that this committee cannot follow all of the money allocated to local government through our system. There is a type of mini turf war going on on the side for local government to retain the audit services and not use the Comptroller and Auditor General's office, for what reason I do not know. For example,...
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: That is not a wise thing to do.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
John McGuinness: Perhaps Mr. Tierney or Mr. Dempsey will tell the committee the cost of treating a litre or other quantity of water?