Results 2,401-2,420 of 3,336 for speaker:Kate O'Connell
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: Good. In the case of the building with the view, the rent, at €1 million per floor, is very high. Why does the agency need to be in Dublin city centre? Could it be down in Thurles or somewhere?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: Surely when the agency is the body with the money, they should be coming to the agency. I refer to an alternative to being in the city of Dublin. My understanding is that there is no expiry date on the organisation until national debt is ended. Why did it not just buy a building?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: I would imagine there are plenty of buildings in Thurles. Why did the agency, which had such insight into the market when managing assets, not buy a building when they were going for nothing back in the day? The current rate is €1 million per floor. Mr. O'Kelly referred to the price going up and down. Does it go up on higher floors? Is it the view, the lift or the air quality...
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: It is not for the employees; it is for the building.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: Yes.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: How many floors? Is it 1.5?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: Is the rent dearer on a higher floor?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: No view, no air quality.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: Is that value being realised? Has it been assessed? Does it matter?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: It would want to look good for €1.5 million.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: It is not; I looked it up. It is very expensive. It would be different if there were an expiry date and it was concluded it was not worthwhile buying a building. Why did the agency not buy a building? It could probably have bought one that size for €2 million.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Kate O'Connell: It seems very short-sighted and very irresponsible. It seems to be very clear that where it is taxpayers' money, it is a case of easy come, easy go.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: Following on from that, in the context of borrowing money to invest in sustainable projects on behalf of the State, we have historically low interest rates at present. Perhaps this question was asked in my absence earlier. I would expect an increase in interest rates. I assume there is contingency built in to deal with that so that these projects can continue if we get a rapid rise in...
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: What happens if more money is needed in order to continue a project? Does the NTMA borrow all the money to see the project to the end?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: Okay, it does. What would happen if extra money was needed unexpectedly because something happened?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: On the NAMA surplus, is the approach to crystalise it and to have a once-off gain?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: Yes.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: Is Mr. Dorgan allowed to have a view on whether it is a good idea to crystallise it in a once-off move or to split it and hedge one's bets?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: We will have representatives from the Department of Finance before the committee in September.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Kate O'Connell: It is €200 billion. Would we pay down some of that?