Results 16,481-16,500 of 33,115 for speaker:Catherine Connolly
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I am glad he did. I have recognised that. I have read the minutes. I saw that it was discussed and that the board took it seriously. It was a very sensible thing to do, but it is not a good way in which to have to run an organisation. I am not getting a clear answer as to why the money was not paid over beforehand. In any case, that is fine. My questions to Ms Downes are not personal...
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: What period of overlap?
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: So for two months, two CEOs, one acting and one not acting, were paid.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I am not going into the personal details. I reassure Ms Downes of that. This arose previously. It is none of my business. What is my business is value for money. For a period of two months, two salaries were paid to two CEOs, one acting and one not acting, for various reasons.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I did not ask that question. I asked if two salaries were being paid. Perhaps Ms Downes might come back to me when the confusion has been clarified. It is a very specific question about an acting CEO and a non-acting CEO. I am not making any comment on it.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I want just a "Yes" or "No" answer that I require.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I want just a "Yes" or"No" answer as to whether two salaries were being paid for whatever reason. It is very simple. I am not going into the reasons. The board can come back before the end of the session to indicate whether two salaries were being paid. Mr. O'Callaghan might get that.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: Are there any board vacancies at the moment?
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: Was there a new appointment?
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: How long has Mr. Fitzpatrick been in situ?
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: He is very welcome.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: Was there a period of time with no financial director?
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: After dealing with the board, I will move on to questions specifically relating to the accounts. The board is in a wind-down situation. I will come back to what that means in terms of accountability when I inquire about the accounts. Perhaps Mr. O'Callaghan might clarify in due course if there will be a board to come before us for the 2018 accounts and the 2019 accounts. How do we manage...
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I thank Mr. O'Callaghan. I appreciate that. We might discuss it later, Chairman. We need a board so we have accountability to ask about those accounts. Perhaps that is something we can decide. Mr. O'Callaghan envisages the board being gone in 2020.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: It was noted in the context of the accounts that it should have been a wonderful and positive news story that there was €110 million to give out. I will not go back over that matter because I am here to discuss the accounts. However, there have been many problems with the administration of the fund. Does Mr. O'Callaghan accept that?
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: Absolutely, but this was under legislation from 2012 and the first payments were only made from January 2014 onwards. There were many difficulties in the administration. Mr. O'Callaghan accepted that previously.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: Absolutely. I have no interest in personalising anything.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I am looking at a board administering €110 million, which is a very positive news story, and how that came to pass. There were certainly major problems. Mr. O'Callaghan might not agree but he is agreeing there were certain problems.
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: Let me quote the Comptroller and Auditor General. The background to this, of course, concerned the previous redress board and all the money. I am subject to correction but I believe the estimated cost of the previous redress board and commission of investigation was €1.5 billion. I am sure the Comptroller and Auditor General produced many reports but I am referring to the one from...
- Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)
Catherine Connolly: I am referring to the Comptroller and Auditor General's chapter on-----