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Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: So the board drove on despite the fact that the workers were completely against this.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Does Mr. Murnane feel that it met its requirements under section 50, which is very specific about the consultative process it has with workers?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: What period of time was there no CFO in the organisation?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: So four years.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: How was that allowed to happen, Mr. Gleeson?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Let us be frank, it was bananas that there was no CFO. It is crazy stuff. We have a situation where the pension was going down the tubes and there was no CFO in the organisation. Sorry, but there is a duty of care issue with regard to the workers here. I am not asking Mr. Gleeson to comment, I am giving my opinion. That is incredible stuff. Many of the workers were obviously working...

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Was part of that to do with the pension?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: That is the figure I have.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: How much did it put in?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Did the €800,000 go in?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Have you met the full requirement? How long is it going to take to deal with this issue?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: And you are going to honour it?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Will any of the proposed sale, that €23 million, be used to to deal with the pension fund, considering the concerns of the staff?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: The differential between what was there in the public scheme and the new scheme is, on average, 18%. The staff have to go on to this now because you signed that in December 2015, was it?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Yes.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: Sorry, September 2016. We are all mithered. Apologies, I knew that. Does that include all of management?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: What scheme are they on?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: So there are two different schemes.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: I know that.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Alan Kelly: I know the changes that have been made but were there any changes made to the scheme that management is on?

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