Results 8,661-8,680 of 32,916 for speaker:Catherine Connolly

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: The next issue then is the significant underpayment going out. I do not wish to be too critical because it should be a wonderful story. We heard an opening statement. The Chair has already referred to it and I myself had it marked. Mr. McCarthy spent most of the opening statement telling us what we know and not dealing with the issues that were raised by the Comptroller and Auditor...

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: I appreciate that the Department has come on this late. I want to say that on the record. In July last year, the responsibilities were transferred to the Department.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: Prior to that, there were I do not know how many different Departments. There was a dormant accounts board. Would someone tell me was it functioning well originally? This scheme was set up in 2003. It was managed by a dormant fund account, is that right?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: Was it working well?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: No, no. Was it working well?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: Is anyone here in a position to tell me was the dormant funds board working well and if so, why was it abolished?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: If Mr. McCarthy has no opinion, that is okay.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: If it does not come within Mr. McCarthy's remit, that is okay. However, it is important to say there was a board there.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: I see no evidence before me that that board was not working properly and we needed a new system. What I see before me is not the Department's fault. It has gone from Department to Department, with serious underspend of money that is urgently needed. That is a question I am going to take up. What review was taken of the dormant funds account at the time? Why was there a need for a...

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: Okay.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: When should it have been commenced?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: I know. When should it have been commenced?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: I know that.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: I understand that. The Department has checked this out. When should that-----

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: I do not want to hear about "ideally". Under the legislation, what was the final date by which this review had to start?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: It had to start by December 2016.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: When did it have to start?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: Right. That is a little gap, is it?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: It is, because there is no review now. Stick with me for a second - I am asking very specific questions.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund (8 Feb 2018)

Catherine Connolly: Okay. It should have been concluded by December 2016-----