Results 27,861-27,880 of 34,777 for speaker:Seán Fleming

Written Answers — Department of Children and Youth Affairs: Departmental Staff Data (13 May 2014)

Seán Fleming: 716. To ask the Minister for Children and Youth Affairs the current average age of full-time staff in his Department; the way this compares with the average age of public servants in each year from 2010 to 2013; and if he will make a statement on the matter. [21843/14]

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Mr. Moran can understand why ordinary people might be concerned about an insurance company in Cyprus having a passport to do business in Ireland. Effectively, the State had no control over that company's behaviour because it was not regulated here and, as a result, Irish people have lost out. Mr. Moran appears to be saying we should take steps in this regard in respect of our financial...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: I have one final question.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: My final question relates to a different topic, namely, the establishment of Irish Water. Now that the debts of local authorities - from borrowings relating to PPP arrangements, etc., for their water investment programmes - are being transferred to a semi-State agency, what proportion of the national debt will be transferred from general government debt to the debt of the said agency? Will...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: I asked two.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Will Mr. Moran send us a note on the matter?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Will Mr. Moran forward a note on the position on VAT? Will he also forward information on the amount of debt removed from the balance sheet?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Will Mr. Moran provide a note on the position on VAT?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: In regard to IBRC, the signs are that further funding will not be required, which sounds like good news. If there is a surplus at the end of the process, where does it go? Mr. Moran referred to unpaid creditors.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: In respect of NAMA, what are Mr. Moran's views on an earlier wind-up? Is it a good thing if we can at least recover par or does he believe we should hold out longer and perhaps make a profit, thereby bringing down the net cost of the banking investment to well below the €40 billion we have been discussing?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Mr. Moran referred to projections for how the banking sector in Ireland will look in 2020. ACC Bank, Danske Bank and Bank of Scotland have either moved out of the Irish market or are winding down their operations here. We are facing a situation, in other words, where we will have very few banks and very little competition. I do not see that issue being fully addressed in the documents to...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: The insurance compensation fund had a balance going into 2013 of €735 million. How do issues such as Setanta Insurance going into liquidation impact on that fund? Do Setanta Insurance and Quinn Insurance, for instance, have a call on the fund?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Is Mr. Carville telling me that the Department has given the special liquidators a blank cheque?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Give me some indication of the parameters set by the Department.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Tell me about the tender process. As we know, the legislation was rushed through the Dáil on a particular night in February 2013, although we understand it had been drafted the previous November. Therefore, although the legislation may have been rushed through the Chamber, it was not rushed legislation but was prepared carefully and in a considered manner. Tell me about the tendering...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Can I have a ballpark figure? Is it €100 million, €200 million, €500 million or €60 million?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: What Mr. Carville is essentially saying sounds like the tribunal mechanism, namely, that hourly or daily rates were agreed, based on the NAMA rates. Therefore, whether it goes on for six months or three years, the longer the process takes, the more hours are involved. The early successful conclusion of the project, meaning a lesser transfer to NAMA, was probably a bonus. It sounds like a...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: This issue is important. We have been talking for ten minutes about the costs of the liquidation of Anglo Irish Bank, but have not heard a single figure mentioned yet. I repeat that the response sounds like the answer we would have got to a question on the cost of a tribunal, that it all depends. Mr. Moran can see how we can see no difference.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: I understand Mr. Moran does not have the information with him.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Seán Fleming: Let me put it on the record that I am on Mr. Moran's side on this. I believe it was the right decision to liquidate and believe the Department is carrying out the right process. I am happy the Department is getting the various loan fund packages and that it is all happening. Perhaps Mr. Moran cannot provide this information, but does he know what fees the liquidator has been paid to date,...