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Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: The letter leaves it hanging. To answer the question, we simply have to go back and ask it.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: The letter to the United Kingdom.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: The clerk to the committee is not here. I am told the correspondence can be made available at the next meeting.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: My information is that the letter was not written.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: It was agreed at the last meeting that we would write to invite a representative of HSBC to attend. As I said, that person attended the UK public accounts committee hearing. We are now told that it did not happen. I agree that that is not acceptable. However, in the light of what Deputies Joe Costello and Shane Ross have said about the person in London not being available, we will have to...

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: The arrangement made at the last meeting was that we would invite representatives of the Revenue Commissioners to the meeting and we understood HSBC Dublin was agreeable to sending a representative but that the representative would not know the details of the issues to be raised. I suggested we have the representative of HSBC Dublin attend the meeting in order that at least that person could...

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: Yes. I spoke to Mr. Hearne yesterday and indicated that, rather than have an individual come from HSBC to attend the meeting in the Visitors Gallery, the person should attend and sit with the representatives of the Revenue Commissioners to hear at first hand what was happening. That was my view and that is my view of what was decided last Thursday at the meeting. What happened was that,...

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: It is not so much that I would endorse a request. It is the fact that at the meeting last week the format was agreed.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: That is the issue. The clerk to the committee is not present. On behalf of members, I will raise the issue with him, on his return, and the acting clerk.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: I agree, but to address the matter, it must be taken up directly with the clerk to the committee and the acting clerk.

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: Notwithstanding all of that, it is important that decisions taken by the committee be acted on in full, unless there is a legal issue such that it cannot be done in that way. If that is the case, when we make decisions, we should be told whether the general outline of the request is within the legal remit of the committee. I will talk to the acting clerk and the clerk to the committee in...

Public Accounts Committee: Business of Committee (12 Mar 2015)

John McGuinness: The discussion has been noted and action with be taken. On No. 3C, documents relating to today's meeting, we have received correspondence from the Revenue Commissioners, including the opening statement. The correspondence is to be noted and published. At our meeting on 26 March we will be examining the 2013 financial statements of the Dublin Docklands Developments Authority. Is that...

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: I remind members, witnesses and those in the visitors gallery to please turn off their mobile phones because they interfere with the transmission and sound quality of the meeting. Witnesses are protected by absolute privilege in respect of their evidence to the committee. However, if they are directed by it to cease giving evidence on a particular matter and continue to so do, they are...

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: Thank you, Mr. Cody. Can we publish your statement?

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: Thank you.

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: I ask members to keep their mobile phones away from the microphones on the desks because they are interfering with the transmission.

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: All of this information came about because of a whistleblower who had given it to the French tax authorities. Therefore, if the whistleblower had not done what he did, we would not have this information, as there was no way of getting it. The practice of facilitating these types of accounts would have continued and the reason it would have continued, apart from the whistleblower, is that...

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: A person gave the French authorities the list.

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: In his father's house.

Public Accounts Committee: Revenue Commissioners Investigation of HSBC Offshore Accounts (12 Mar 2015)

John McGuinness: Has Mr. Cody since developed a working relationship with the authorities that allows him to get information for recent years, even where it was not disclosed?

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