Results 23,001-23,020 of 26,086 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Under the 2008 Act the Minister has the right to appoint persons to observe all meetings. How many from the Department of Finance or the Central Bank have attended meetings of the board, the remuneration committee and audit committee? Our role here is to monitor the charge on the public purse. Originally €4 billion was put into the bank, €1.3 billion of which was returned...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: What does an audit committee meeting do? What is its role?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Why were the auditors changed this year?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Finally, to whom do the public interest directors report? They are appointed under the 2008 Act specifically to promote the public interest.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: This is the kernel of the problem. The public is looking in. Many mortgage holders who are in difficulty with Permanent TSB are asking how the State can justify spending €2 million over the past four years on public interest directors when it does not know what the directors do or to whom they report. What is the difference between a public interest director and a non-executive...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: To whom do the public interest directors report?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: That is the board.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Is Mr. MacSharry saying that his understanding is that the public interest directors have no reporting role whatsoever?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: The public interest directors do not report to either the Central Bank or the Minister for Finance?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Do the witnesses see how the public would have difficulty with that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: I welcome the witnesses. The public is looking at the public interest directors and noting that €2 million has been spent on them to date in the covered institutions. Nearly €400,000 has been spent on their fees. The public is asking if it is getting value for money. They are not aware of what exactly the public interest directors do and they want to know. I looked through...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Ms Hayes and Mr. MacSharry were appointed under the 2008 Act as public interest directors to promote the public interest. They have a specific purpose which is to protect the public interest. The other non-executive directors have a different role. At the time of their appointment in 2008, Permanent TSB had yet to receive any taxpayers' money directly although it was covered by the State...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Mr. MacSharry sits on the board's remuneration committee and Ms Hayes on the audit committee. Does the remuneration committee set directors' fees?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: What role does the remuneration committee have?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Kieran O'Donnell: Since Mr. MacSharry was appointed to the remuneration committee in 2008, 61 people in Permanent TSB have been paid in excess of €100,000. Were any bonuses approved by the remuneration committee in that period?
- Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012) Kieran O'Donnell: I am interested in the bonds and, more particularly, Irish contractors because they provide more specifically Irish jobs.
- Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012) Kieran O'Donnell: It is good to hear that.
- Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012) Kieran O'Donnell: The Dutch pension fund and the -----
- Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012) Kieran O'Donnell: I have not seen that report. Why type of figures does it quote?
- Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012) Kieran O'Donnell: Since peak.