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Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: In what year was that company established?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Was there a loan provided for that company?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Underwritten to the tune of what?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Would Mr. Nugent or Mr. Martin know?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: A senior manager put the business case, set up the company under the umbrella of CRC or something close to the CRC, and the friends gave that company €500,000. Did the senior manager remain with the CRC or did he go with the company?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Did he stay? He presented the business case and €500,000 was put into the company.

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: The CRC had €500,000 of working capital in there, is that right?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Did the manager stay with the CRC? Is he still with the CRC?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Okay. What happened the company when it got into difficulty?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Do you still own the company or who owns the company?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Is the manager who originally suggested the business plan part of the company?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Will he work for that company?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Is he still with the CRC?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Will he still remain with the CRC?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: What about the €500,000 loan that you put into the company? You put €500,000, Mr. Nugent stated, from the friends into that company. Do you get that back? Do friends get that back?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Will you recover any of it?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Some of the €500,000 will go back to the friends.

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: On the correspondence, I put it to the HSE that in 2009 there was a certain level of correspondence with the CRC. It is clear from the correspondence that although Mr. Nugent states he had a good relationship with the HSE, it reminds be a little of my relationship with the HSE - it is a little on and off. The CRC certainly wrote to the HSE in terms that would give me the impression that the...

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Yes, we can request the information.

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

John McGuinness: Yes. It is a data protection issue.

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