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

Kieran O'Donnell: My final question is for Mr. Nugent and relates to the correspondence regarding Mr. Conlan's appointment. On what date was he appointed to his post?

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

Kieran O'Donnell: A letter dated 19 July was a response to a letter to Mr. Leo Kinsella and was signed by Mr. Nugent's good self. It reads: In response to your letter of 8th July on the above subject, I have to inform you that the appointment of Mr Brian Conlan to the position of Chief Executive has already taken place. On 26 July the CRC entered into a contract of employment with Mr Conlan...The letter is...

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

Kieran O'Donnell: This is the key letter, in that the CRC stated that it was going ahead with the appointment of Mr. Conlan regardless. The dates are contradictory. I am surprised that it was not picked up by the HSE. Not to reiterate, but when one considers everything that has happened to date, for the sake of the CRC and the charity sector it would be important that the board strongly consider its...

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

Kieran O'Donnell: Explain to me why a company which was a subsidiary of the main company transferred to be a subsidiary of Friends and Supporters of the CRC Limited.

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

Kieran O'Donnell: In essence-----

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

Kieran O'Donnell: In essence, Friends and Supporters of the CRC Limited receives money from collections made by people up and down the country. A loan of more than €500,000 was transferred onto the backs of the people throughout the country who collected money, made private donations and collected the proceeds of the Santa bear appeal which went to Friends and Supporters of the CRC Limited and the...

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

Kieran O'Donnell: It is still money collected from the public. To a layman looking in, it looks like CRC Medical Devices which appears to have been a loss maker, bar one year, had accumulated loans of more than €500,000 and it was transferred from being a subsidiary of the CRC group. Effectively, the CRC was bailed out by Friends and Supporters of the CRC Limited for this dead duck of a company which...

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

Kieran O'Donnell: I have no problem with Mr. Nugent coming back. It is a very simple question. He is chairman of the board. The company is being sold to Munster Medical Supplies which I assume Mr. Nugent had to approve. He must know how much the sale of CRC Medical Devices will raise. How much of a black hole will emerge for Friends and Supporters of the CRC Limited? How much is the CRC getting for its...

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

Kieran O'Donnell: Give me a bottom-line figure.

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

Kieran O'Donnell: Mr. Nugent must have it.

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

Kieran O'Donnell: With due respect, I am pursuing a line of questioning. The figure for how much CRC Medical Devices was to be sold would have to have been decided. What is the total?

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

Kieran O'Donnell: Over how long a period of time.

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

Kieran O'Donnell: Does Mr. Nugent anticipate the loss on the loan to be in the order of €50,000. Is that what he is stating?

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

Kieran O'Donnell: Has the actual company been sold? What is the structure of the CRC medical services company? Who are its directors?

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

Kieran O'Donnell: Yes.

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

Kieran O'Donnell: What is the legal structure of the company?

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

Kieran O'Donnell: Are salaries paid? Are there employees?

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

Kieran O'Donnell: Did the directors receive fees?

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

Kieran O'Donnell: There were no fees.

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

Kieran O'Donnell: I want to go back to Friends and Supporters of the CRC Limited. Between 1998 and 2011 it raised approximately €27.856 million, of which almost €8 million went to the CRC and approximately €15 million was set aside for the provision of loans for associates. There was a balance of approximately €5 million. Of what do the provisions of loans for associates consist of?

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