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Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: I do not wish to burden the committee with too much but what Deputy Connaughton has raised is true in that the case in question must be borne in mind. I have been continually raising the issue of the special investigation unit in the Department of Agriculture, Food and the Marine and the fallout and cost to the State in relation to its work. It is difficult to get explanations about the...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Before we begin our meeting on the credit union fund accounts 2013, the credit resolution institution fund accounts 2013 and the Credit Union Restructuring Board accounts 2013, I remind members, witnesses and people in the Visitors Gallery to turn off mobile telephones as they interfere with the sound quality and transmission of the meeting. I advise witnesses that they are protected by...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: It is good to see Mr. O'Toole back in the House, at the other side of the exchange.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: I ask Mr. McCarthy to introduce the accounts.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: I thank Mr. McCarthy and invite Mr. Doyle to make his opening statement.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: I thank Mr. Doyle. Can we publish the opening statement?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Thank you. I now invite Mr. Casey to make his opening statement.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: I thank Mr. Casey. Can we publish the statement?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Ninety per cent.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Sorry, Deputy Dowds. Mr. Joe O'Toole is so used to this, he is very quick.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: We are dealing with a particular fund. In that regard, does Mr. Casey want to say anything-----

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: We can get a submission on it by sending the transcript of this meeting to those whom it concerns.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Does this concern the Department of Finance?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Would someone from the Department of Finance like to help us on this?

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Perhaps Mr. Doyle will explain the use of the fund relative to borrowings-loans.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: The point is that the €250 million is for the restructuring of credit unions and not for loan provision.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Mr. Doyle needs to make that clear.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: The details should be forwarded to the clerk of the committee.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: The board will keep the committee informed.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: The Deputies will have to speak to their party leader about that.

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