Results 7,321-7,340 of 20,094 for speaker:Brian Stanley
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Were those legal costs excessive?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Is it not odd that there were such legal fees around it given the fact that the former president left, you could say, in a fairly comfortable position? He was paid as far out as December 2020. Why was there so much in legal fees and legal involvement in that?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: I will move to the Dunnes Stores issue. Professor Mey confirmed there were no written valuations but did not confirm whether there were verbal valuations. Surely, if there was a verbal valuation, which would be unusual in itself, there would be some record of it on a file somewhere, given the amount involved. I take it from Professor Mey's answers there was no verbal valuation. This was...
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Is it "Yes" or "No"? Professor Mey has clarified-----
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: The point is, in this case, there was neither written nor verbal valuations. It does not appear even an opinion was noted. There is no evidence, or even a record, of an opinion being sought, verbally. Nobody was asked, even on a street corner, why the cost, which was valued a very short time previously at a much lower cost of €3 million, all of a sudden arrived at €8 million....
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Okay. Did the governing authority approve the purchase of the site?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: It did. The witness can state that this morning categorically, so I thank her. The witness has confirmed that advice was received from the consultant who did some negotiating around the deal. Was that consultant on a percentage or was that how payment for consultancy fees operated? In other words, if the site was valued at €1 million, the consultant would get a percentage of...
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: It was stated earlier that this was purchased from the university's purse. Did the Higher Education Authority receive a costed development plan for the former Dunnes Stores site? My understanding is the authority received a costed purchase and development plan for the opera site. Did it receive such a plan for the Dunnes Stores site?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: I am not clear from that answer whether the Higher Education Authority received a costed development plan from the university regarding the full development of the Dunnes Stores site.
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Is Mr Flaherty, or perhaps more appropriately, Ms Fogarty, in a position to answer that question?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: I understand you are the financial controller.
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Is there a record of that of the valuation file and from whom the valuation was gotten?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Will you revert to the committee with that information?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: There is ongoing investigation of this by KPMG. The public information indicates the chancellor of the University of Limerick was appointed to KPMG's public interest committee in December 2019. Is that correct?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: The chancellor of the university, Ms Mary Harney, is still serving on the public interest committee of KPMG, the consultancy firm that is carrying out the examination of the purchase of the Dunnes Stores site and the lack of due diligence around that. Is that correct?
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: I thank the witness. If Deputies Devlin, Carroll MacNeill or McAuliffe have not joined us-----
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: I thank the Deputy. We can go back through the rota again. Deputy MacSharry was the lead speaker so he can have another four minutes.
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Will Deputy MacSharry put a question? We will get a reply from Mr. Flaherty.
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: We lost the sound.
- Public Accounts Committee: University of Limerick: Financial Statements 2019 (17 Jun 2021)
Brian Stanley: Deputy Munster has four minutes.