Results 27,881-27,900 of 34,777 for speaker:Seán Fleming

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 knows what I am getting at. What fees have been paid? He has given a good context and has compared the cost of the liquidator's staff versus what the cost of what it would have been to pay the staff in the IBRC if it had continued to manage down the bank in its own time. Does he have a figure here on the estimated annual running cost of the bank or will he send it on to us?

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 next question is, by what kind of benchmark can we judge this? That is one type of benchmark by which we can judge the outcome of this process. It is very difficult to find effective benchmarks, but the other one I would suggest is a consideration of how the cost of winding down the €20 billion in Anglo Irish Bank compares with the costs incurred by NAMA for a proportionate...

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 Europe, where did Ireland stand at the end of 2008? I refer to the balance sheet of the Irish banks relative to GDP. Where does Ireland now stand? Are we way above the European 4% figure? Perhaps Mr. Moran did not expect this 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: What about now?

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: European economies had greater reliance on the banks relative to the size of their economies and so there was a greater move to protect each country's national banks. We nationalised our banks and Mr. Moran is now calling for denationalisation. That is the Irish view. Is it also the European view?

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 heading on page 27 refers to costs of the banking crisis. This submission states that Ireland invested €64 billion in our banking sector, which was 40% of GDP at that time and Mr. Moran is saying that, since then, we have generated income of €5.2 billion from the bank guarantee, €4.7 billion from the sale of Bank of Ireland contingent convertible capital notes,...

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: These figures are important because we all know the €64 billion figure. In respect of the IBRC liquidation, can Mr. Moran give an estimate of the fees and costs associated with the IBRC liquidation of February of last year? It is well in train and we are nearly there.

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 is welcome to the committee. I wish him the best in whatever career he moves to. He will do very well. I thank him for his years as Secretary General. The fact he came from the outside was a good idea. I want to discuss banking and banking debt, but the figure before us on Government debt is for the end of 2012, when it was €192 billion. What is the most up-to-date...

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 is the figure? It was €192 billion. People get lost with percentages.

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: That is fine. I was interested in the documentation Mr. Moran provided to us on the cost of the banking crisis, which is a heading on a chart on page 27 of the document from a speech Mr. Moran delivered last week. He had various charts with him which I wish to summarise. I quote his figures as we all get lost on these issues. The first chart I found interesting was on page 7 of his...

Written Answers — Department of Finance: Property Taxation Administration (8 May 2014)

Seán Fleming: 52. To ask the Minister for Finance his views on the many letters issued by the Revenue Commissioners on 17 April 2014 advising that the household charge would be collected by them through the same mechanism as the local property tax; in view of the fact that these letters were received on 24 April thereby giving persons less than five working days to deal with this if he is satisfied that...

Written Answers — Department of Finance: Tax Code (8 May 2014)

Seán Fleming: 53. To ask the Minister for Finance the taxation situation regarding a person who transfers agricultural land which they are farming to their child who is in their early 30s but does not have a green certificate; the taxation threshold and rates on such land transfers; and if he will make a statement on the matter. [20793/14]

Written Answers — Department of Education and Skills: School Accommodation (8 May 2014)

Seán Fleming: 66. To ask the Minister for Education and Skills the position regarding an application from a school, (details supplied), in County Laois for funding to provide alternative permanent accommodation to meet its long-term needs; and if he will make a statement on the matter. [20699/14]

Written Answers — Department of Public Expenditure and Reform: Exchequer Savings (8 May 2014)

Seán Fleming: 86. To ask the Minister for Public Expenditure and Reform his views on whether the targeted savings under the Haddington Road agreement were achieved in 2013; and if he will make a statement on the matter. [20671/14]

Written Answers — Department of Public Expenditure and Reform: Public Sector Allowances Payments (8 May 2014)

Seán Fleming: 87. To ask the Minister for Public Expenditure and Reform the number of allowances in the public sector that have been restricted or discontinued since 2012; the resulting savings; and if he will make a statement on the matter. [20672/14]

Written Answers — Department of Public Expenditure and Reform: Public Sector Allowances Payments (8 May 2014)

Seán Fleming: 88. To ask the Minister for Public Expenditure and Reform the current status of his review of public sector allowances; and if he will make a statement on the matter. [20673/14]

Written Answers — Department of Public Expenditure and Reform: Freedom of Information Fees (8 May 2014)

Seán Fleming: 89. To ask the Minister for Public Expenditure and Reform the total receipts in 2012 and 2013 from fees charged in respect of freedom of information requests; and if he will make a statement on the matter. [20675/14]

Written Answers — Department of Public Expenditure and Reform: Freedom of Information Fees (8 May 2014)

Seán Fleming: 90. To ask the Minister for Public Expenditure and Reform the total number of freedom of information requests made to Government agencies in 2013; the number that resulted in information being provided to the applicant; and if he will make a statement on the matter. [20676/14]

Written Answers — Department of Environment, Community and Local Government: Seniors Alert Scheme (8 May 2014)

Seán Fleming: 142. To ask the Minister for Environment, Community and Local Government when a grant application for personal alarms for older persons will be approved for an organisation (details supplied) in County Laois; and if he will make a statement on the matter. [20795/14]

Written Answers — Department of Environment, Community and Local Government: Water and Sewerage Schemes Funding (8 May 2014)

Seán Fleming: 150. To ask the Minister for Environment, Community and Local Government if he will provide on a county basis all funding approvals issued in 2014 for extensions to sewerage schemes; the amount in each case; and if he will make a statement on the matter. [20790/14]