Results 22,001-22,020 of 26,081 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Kieran O'Donnell: Everyone is being very helpful. I was very much against the idea of the network being sold in terms of Eircom. It set us back in the Government being able to roll out broadband and on various other measures. When considering Aer Lingus, one of the key features is its Heathrow slots. It is a major factor in the case of Shannon and I represent Limerick City. The Minister might explain that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Kieran O'Donnell: I am interested in the reply to my question on the Heathrow slots, as a time limit applies for my questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Kieran O'Donnell: We will have the Acting Chairman at a meeting again.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Kieran O'Donnell: Will there be a reporting mechanism for Irish Water to ensure the least possible cost for water services to the end consumer? Over many years in this country various bodies have been set up that lack accountability and become like ships sailing away on their own. Is there an integrated model and where does NewERA fit in? I would also like to hear about the oversight role. The bottom line...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Kieran O'Donnell: The Minister means Aer Lingus.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Kieran O'Donnell: ESB.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: On the question of white collar crime, we are doing work on bank stabilisation and we will incorporate that into our work. We will send a copy of today's transcript to the Department of Finance. Has Mr. Elderfield written to or communicated to the Department of Finance his views on the issue of white collar crime?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: Will this be incorporated into the annual report of the Central Bank? Mr. Elderfield obviously feels strongly about it. Since 2008, the financial crisis has cost the citizens of Ireland some €64 billion. Much of that money will be totally written off. I have no doubt that in society there are people who through the misfortune of losing a job have suffered the rigors of the law....

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: I strongly suggest that this be done.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: I am only speaking for myself, but would Mr. Elderfield share my concern for the ordinary person, who has experienced very difficult years? To the amazement of everybody, not a single person has been brought to account fully for the banking failures, which have effectively saddled them with debt to the tune of €64 billion?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: The Deputy has elaborated on my point.

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: Effectively, it would appear the legal and administrative tools are not in place to ensure that people are legally held to account. From Mr. Elderfield's review of the system, that is obviously the view he has formed. Is that correct?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: With a better toolkit. I thank Mr. Elderfield for his patience. I wish him well in his new position in Lloyds in the United Kingdom and send greetings to his good lady wife. There is no doubt that Mr. Elderfield will be missed, but I hope he will come and visit Ireland. Does the committee agree to dispose of Special Report No. 72 - Financial Regulator, responding to the financial market...

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: Is the legislation strong enough to put people in jail regarding current cases?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: Surely the regulator has a sense of it. Does he believe that the legislation is strong enough?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: What is Mr. Elderfield's view of some banks charging interest on the split mortgages?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: How does Mr. Elderfield envisage the arrears going with the banks with the mortgages in the coming years?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: Does Mr. Elderfield believe it will work? Does he believe it will increase?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: Does Mr. Elderfield believe their provisioning is strong enough? Are the provisions they are making sufficiently robust?

Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)

Kieran O'Donnell: We will get around to that. The main question is what form of stress testing happens prior to the bailout.