Results 1-20 of 29 for shane cassells segment:6799126
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: No, I asked Dr. Brady directly. He mentioned the importance of vacant possession at the previous meeting.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Was there any sweetener from the bank to the effect that it would write off part of the debt if the IGB provided it with vacant possession?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: If not a write-off, then any kind of financial deal.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: None.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Does Dr. Brady wish to clarify that with Mr. Creed or anyone else?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: So there are ongoing discussions about managing the debt and a potential write-down of same.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: By virtue of the fact that there was a sale and the bank can see money coming in as a lump sum, there is the potential for a write-off on part of the debt.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: The Chairman is not on the board of the IGB, so he cannot. I am asking those who are on the board. I got----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: -----a play on words. When I asked Dr. Brady whether anything had been offered, he said, "Nothing was offered to me." People can draw conclusions in that respect.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: What was the nature of the application?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Let me clarify. The planning officials were supporting an application in the pre-planning phase.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: It is normally called a strategic issues paper in the pre-development plan stage. Mr. Murnane is telling me that, at the strategic issues paper stage, council officials were supporting residential development on that site.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Did the board make a formal application to the planners at that point?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: As part of the city plan review.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Mr. Murnane is telling me that it was rejected.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Did the IGB explore any other alternative use for the site or seek-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: Okay.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: What was the actual level of debt? One option had been ruled out but was it possible to explore other possibilities?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: I have one more question. If I had spoken on the last occasion, I could have had all day to make my points.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Shane Cassells: I did not mean Dr. Brady personally. There is a board. I asked a specific question. I did not say, "Offered to you, Dr. Seán Brady". I asked whether a write-off on part of the debt or any other kind of financial incentive had been offered to the IGB.