Results 8,381-8,400 of 26,579 for speaker:John McGuinness
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: I invite Mr. Moran to make his opening statement.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: May we publish that statement?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Deputy Sean Fleming's time is exhausted.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: In respect of the appointment of the chairman of AIB and what is being paid within AIB, how does that compare with the figures quoted by Deputy Ross regarding what is being paid in Bank of Ireland? The chairman is on €590,000 and the chairman of Bank of Ireland is on €480,000. How does the figure of €843,000 compare with AIB? What is Mr. Moran's input?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: And the caps are?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: So the cap of €500,000 for the chairman of AIB when he or she is appointed will not be breached.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: That is fine.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: How does the figure of €843,000 compare with AIB?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: It relates to Bank of Ireland and-----
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Yes.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: How does that compare with AIB? It does not compare. It is significantly different.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Bearing in mind the cap and the difference and so on in terms of AIB versus Bank of Ireland and the Department's role in it, it is unusual that the Department would have voted for the arrangement within Bank of Ireland without making some sort of noise about it or objection to it. In respect of mortgages and the SME sector, I acknowledge the work that Mr. Moran and his team have undertaken...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: The reality is that retailers, for example, have exhausted all of their money. Their savings are gone. Some of them are staying open out of pride. They would have a good business if only the overall debt was dealt with. It might have been debt created by the purchase of property, as Mr. Moran said. The banks are not responding to them in any real or meaningful terms. I am shocked by the...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: I have no wish to labour this any more, but there is a problem with the banks and how they deal with individual mortgage holders and the SME sector at a particular level. This is my final question for Mr. Moran. Will he please acknowledge that and have it as part of the conversation with the banks on a regular basis? Have the banks given him a figure relating to those mortgages and SMEs...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: So we will have to give them more money.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: What type of provision have they made for bad debts relating to mortgages that will not be repaid by people who are now out of work and are in houses that were purchased for €250,000 but are now valued at, for example, €80,000? There must be a figure for such cases. What provision has been made in respect of the SME sector? How much money will the banks need to deal with all...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Where would we be without our own adviser on the right-hand side? President Barroso’s former adviser made the statement and it has been recognised, but there is no tangible result that would allow us to deal more sympathetically with the businesses and individuals who, having had their lives ruined, now want to move on and do something different. Has Mr. Moran any opinion in this regard?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Does Mr. Moran believe Europe should do more?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: A good portion of the €150 billion was for secured bonds.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Therefore, we played a significant role and should be getting much more recognition in real terms from Europe. We should be playing a lot of hard ball with Europe.