Results 23,561-23,580 of 26,228 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: However, from a managerial viewpoint-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: I thank you.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: I welcome the delegations. I refer to the accounts and the financial operation position upon appointment. It states, "The surplus was after the Quinn family had extracted approximately €200 million over the previous two years by gift". Is that from the QIL group? How was that reflected in the accounts? Was it as a director's loan or inter-company loans? What was the money used...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: So it was an inter-company loan, which was written off.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: I assume this came from the subsidiary company, QIL.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: What was Barlo Financial Services?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: What was €135 million invested in?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: When Grant Thornton was appointed administrator, it was purely for the QIL company as distinct from the entire group.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: QIL has been sold on to Liberty Insurance. What is Grant Thornton's function at this point?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: Were the gifts long-standing inter-company loans? In what years were they made?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: They were written off the year after in 2008. Is that not unusual?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)
Kieran O'Donnell: Does it not fall within Mr. McAteer's remit? Does he not have the power to follow the money trail to recover that money from the companies?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Election of Chairman (10 Oct 2012)
Kieran O'Donnell: I wish the Chairman well in his new role. He comes with experience and I have no doubt he will be an excellent Chairman. I appreciate the overview he has with regard to how he sees the committee working. I congratulate the Minister of State, Deputy Alex White, on his elevation. He conducted meetings in a very thorough and fair fashion and I wish him well.
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: That is the wisest comment made all night.
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: Per annum?
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: Is that a consistent figure over the past number of years?
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: The cost is between €11 million and €12 million per year.
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: It is something that needs to be examined. While I thank Mr. O'Brien for dealing with the issue in Limerick, three weeks is a wholly unacceptable length of time to wait for an inspection. I ask him to examine it again, speak to the clinical lead in that area and ensure it is speedily addressed and that the people in Limerick will have a 24 hour cath lab-cardiology service up and running...
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: I accept that.
- Public Accounts Committee: Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE (9 Oct 2012)
Kieran O'Donnell: The executive has to balance on a cash basis.