Results 881-900 of 1,776 for speaker:Derek Nolan

Written Answers — Department of Transport, Tourism and Sport: Road Projects Status (6 Nov 2013)

Derek Nolan: 202. To ask the Minister for Transport, Tourism and Sport when he expects a financing structure for the M18 Tuam to Gort Motorway project to be agreed; when he anticipates construction to commence; the timeframe construction is expected to last thereafter; and if he will make a statement on the matter. [47305/13]

Written Answers — Department of Social Protection: National Internship Scheme Administration (7 Nov 2013)

Derek Nolan: 127. To ask the Minister for Social Protection if she will provide the most up to date figures of acceptance for JobBridge positions on a county basis; and if she will make a statement on the matter. [47518/13]

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I welcome Mr. Neilan, Mr. Meaney and the officials from the Irish Greyhound Board. When did Mr. Neilan become CEO of the Irish Greyhound Board?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: When did Mr. Meaney become chairman?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: Did either of them have roles with the Irish Greyhound Board previously?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I am not an expert on the Irish greyhound industry. I have spent the past day and a half going through information and correspondence the committee has received. I was very surprised at the level of disharmony that seems to exist in the industry, particularly among greyhound owners and trainers. There is considerable concern over the activities of the board and the company it operates,...

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I have read all the briefs. I just want to clarify some figures and facts.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I thank Mr. Murnane for that. Based on the board's financial statements, the borrowings have reached a level it can no longer manage and it is repaying interest only. A household repaying interest only on a mortgage is in financial trouble. The Irish Greyhound Board is paying interest only until 2016. Is its bank agreeable for that to continue or how is the board managing its debts?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: The board is changing the structure to go from interest only to paying back.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: Of the €22.2 million of debt, how much will the board start to repay capital?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: Some of the €22.2 million is being switched to capital repayment while more is remaining on interest only-----

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I understand this-----

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: There is a serious question then about the financial management of Bord na gCon if it continued spending and drawing up debt to a point where it cannot be paid back and only the interest is being paid back. Debt has been accrued to a point where only the interest is being paid back and this surely implies some financial mismanagement.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: What people say to us in correspondence is with regard to the manner in which the project was managed in their view and with regard to the figures. The costs exploded throughout the development of the project and serious errors were made with regard to who was responsible for site filling and compacting and car parks. Basic legal, construction and project management mistakes were made,...

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I wish to ask a question before Mr. Neilan continues. The figure of €19.8 million was the limit for the project.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: When was this figure put on it?

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I understand. I am trying to figure out how we got to the figure of €22 million in the first place.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I have only 20 minutes so I do not have time for the list.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I do not want to be rude but we have read briefing notes on this and have prepared for it.

Public Accounts Committee: Bord na gCon - Annual Accounts 2011 (7 Nov 2013)

Derek Nolan: I wish to focus on April 2008 and the €19.6 million cost. When we receive the report from the Comptroller and Auditor General on his inquiries in 2012, much of this information will be put on a more formal structure and we will be able to tease it out. I get the impression the Comptroller and Auditor General will do a special report on it. In 2008, the Greenpark site was bought for...