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Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: When Mr. Collins says profit, what kind of profit is he talking about?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: Will the profits that it is hoped will be generated in the future be absorbed into the accounts of UCC?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: If everything goes according to plan, this could be a big gain for UCC and for the future of education in Cork.

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: Why did the witnesses say that if things did not work out, UCC could sell off some of the land assets?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: That is just in there as cover.

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: What is on the 13 acres of land in Sandyford at the moment?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: Are the 13 acres fully utilised?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: What land would UCC be selling off if there was a problem?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: I have one last question on the €1.4 million contribution to the pension for a former CEO and the High Court case that was taken against the IMI. What is the situation in that regard? If that money has not been paid, has UCC and the IMI agreed to the payment of this pension, valued at €1.4 million over the lifetime of the arrangement?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: The IMI refers to it as a pension liability but UCC has not listed it as such. Why is there a discrepancy between the two bodies?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: I have just one more question. When was the first time UCC received communications from "RTE Investigates" regarding the IMI's financial statements? When did RTE first contact the university? When did the university become aware that RTE was investigating third level institutions?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: Were the witnesses shocked by what was revealed in the RTE programme?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: Yes.

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: No?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: I presume all the witnesses saw it-----

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: UCC has complaints about the way the university was portrayed in the programme.

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: My last question is for the witnesses from the Department. Was the Department aware of the arrangements whereby a contractual pension liability was transferred to a bank debt on the balance sheet of UCC?

Public Accounts Committee: University College Cork and University of Limerick: Financial Statements (22 Jun 2017)

Bobby Aylward: It accepted it as presented. Is that right?

Written Answers — Department of Agriculture, Food and the Marine: Veterinary Inspection Service Administration (22 Jun 2017)

Bobby Aylward: 45. To ask the Minister for Agriculture, Food and the Marine if he will guarantee the future of the regional veterinary laboratory in County Kilkenny; and if he will make a statement on the matter. [28161/17]

Written Answers — Department of Health: Hospital Services (21 Jun 2017)

Bobby Aylward: 63. To ask the Minister for Health if additional resources will be allocated to the existing cardiac catheterisation laboratory at university hospital Waterford in order to increase the laboratory's current capacity to accommodate the estimated 450 additional procedures that will be referred there through additional diagnostic angiograms set to be provided by the mobile catheterisation lab;...

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