Results 20,541-20,560 of 34,956 for speaker:Seán Fleming

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: For the three years, he was not in receipt of what?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: The pension did not kick in until 60-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: That means he had retired at least three years before 60.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: I got the impression he was quite close to 60-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Okay, so the three years spent on contract were completed before the pension kicked in. Is that right?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: I ask the Deputy to conclude because one or two other members want to get in a second time.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: I ask the witnesses to answer that and then we will go to Deputies Cullinane and Connolly, who will have ten minutes.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: How much interest and penalties were there?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Of what?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: How much was interest and how much was penalties?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Were there any penalties?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: There were no penalties because it was a voluntary disclosure.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Was that published?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Even though it was more than €10,000, because it was a voluntary disclosure, it was not required to be published.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Tax was certainly due but the onus-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: It certainly was taxable.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: It should have deducted the tax at source like every employer does. That is what should have happened.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: A detailed note.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Professor Barry addressed the foundation. I will ask the Comptroller and Auditor General to speak on this. The university seems to have agreed that because it does not control the University of Limerick Foundation, there is no requirement under accounting standards to consolidate it. The professor has accepted that and both sides accept that is the position. The Comptroller and Auditor...

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: The accounts are published. The university might not be required to consolidate but is it allowed to consolidate something without being required or would it be wrong to include them? Does the Comptroller and Auditor General accept that there is not a requirement-----