Results 20,421-20,440 of 34,745 for speaker:Seán Fleming
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: The questions are about who borrowed the money and what bank provided it. Was it a college subsidiary?
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Why would they state that if they cannot borrow?
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: We are being told that the taxpayer was asked to bail out this DCS campus company. WIT had no power to take on debts and seemingly did so.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: We want that this afternoon in advance of our meeting with WIT. My first questions are who are the shareholders in DCS campus company, what bank gave them the loan and why the bank was not told. WIT is guaranteed to repay the debt. I will ask the Comptroller and Auditor General if somebody can help us here.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Was that legal?
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Did the college take on net debts in the consolidation?
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: The college did not borrow and yet was effectively allowed to take on bank debts.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: What was the scale of the debt?
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Send us the finished report and Quigley report and we will go from there.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Does Deputy Connolly want to ask a final question?
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Some of the senior people in these organisations have shareholdings in companies and positions in the public bodies. I presume they are required to sign some statement under the ethics legislation.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Do the witnesses check-----
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: Will Dr. Love explain what the authority does in that regard? We have just uncovered it with regard to Templemore Garda training centre this morning in that people with shareholdings in an organisation did not comply with ethics legislation. We are asking the witnesses what they do to ensure all the people with shareholdings who have positions in these organisations that come under the...
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: This needs to be dealt with. There is ethics legislation reaching down to local authority level and people have to find those in positions of authority in all State bodies. Dr. Love needs to examine the matter and ensure that he can be satisfied that all the ethics legislation is covered.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: There is the governance issue.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: We are concluding now and one thing I have to say-----
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: It is in place but nobody has checked if it is implemented.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: I think the witnesses get the point. We are used to hearing that the Department of Public Expenditure and Reform sent out protocols directives and policy statements. Does anyone ever find out that it is not our function to do that? The last point is that the set of financial statements on the Higher Education Authority's website that was presented today is not complete. The witnesses...
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: I will say no more.
- Public Accounts Committee: HEA - Financial Statement 2015 (29 Mar 2017)
Seán Fleming: There would normally be a date of the signing of the accounts. That is not in it either.