Results 7,401-7,420 of 14,090 for speaker:Marc MacSharry

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: It does not sound like a whole lot.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: Has there been a rebate since?

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: I understand that. It is not the rates per hour. We know those. It is about how many people are working at those rates and who is checking the amount of people per task. How many people are involved and how many hours are they putting into particular tasks, and who is checking that and scrutinising it? In the absence of a committee of inspection I am not sure anybody is. The case being...

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: The choreography is that on Tuesday we were told it was not coming to this meeting. At 5 p.m. yesterday it was a case that it was told to come if it wanted. It is not here.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: The Department had an opportunity, through the Minister, the answer parliamentary questions in September and it did not do so. There is an element of consistency to the position Mr. Carville has taken today and the Department's position then, notwithstanding a case that has intervened in the meantime. I promise I will conclude. Have there been any other rebates?

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: I estimate the total amount involved is heading towards €300 million at this stage.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: If we could get another rebate of 2.5%, it would amount to €7 million or €8 million, which would pay for a large number of home help hours or perhaps a school.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: On the issue of transparency and openness, the Department seems to know everything and we know nothing. That is a problem when so much public money is involved. The complexion on this is that the liquidator is paying itself from recoveries and sales. It is writing its own cheque which the Minister signs off after the fact. I know an informal process may exist involving a degree of horse...

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: As the Department did not answer 25 parliamentary questions in September when there was no case, the answer given by Mr. Carville has no credibility.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: It seems to me that the Department's answer is to write down words and ensure it does not answer the questions. When I come back in, I am going to put all the parliamentary questions to Mr. Carville.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: I will try not to come in again and will try to wind up my end of it now. I thank the witnesses for continuing to be here. I am sorry if at times it is adversarial. As many of us have said, it is not personal; we have a job to do. I have just carried out a Google search in respect of some of these matters and I note that the plaintiff in this case is referred to as the director of the...

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: Neither was I. It is not that I was not listening attentively, but I was researching some matters. The individual in question took a case in respect of the promissory notes which was dismissed on the basis of the State's defence to the effect that he did not have standing. The court ruled that he would have had to be a Deputy. Subsequently, a Deputy took a case and it went that route. In...

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: In the past Mr. Carville worked for KPMG, one of the major firms in the country with a super reputation and so on. While I do not want to focus on him personally, I will ask him to compare something in the private sector with the public sector. Did he work at the level of partner or manager?

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: Are all Mr. Carville's colleagues accountants? No. Was anyone else in KPMG or any of those places? How many people are in the legal department of a company like KPMG?

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: Mr. Carville said to the Chairman earlier that there are one solicitor and two whole-time equivalents from a legal perspective on this.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: What did the Chairman ask earlier?

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: Does Mr. Carville's team have liquidation specialists?

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: How many would have handled-----

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: One person worked for Arthur Cox on the liquidation side.

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017)

Marc MacSharry: At what level did that person work while with Arthur Cox?