Results 2,881-2,900 of 8,976 for speaker:Pádraig Mac Lochlainn

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Going back to the issue of resources, would Mr. Drennan dispute the assertions of Mr. Remy Farrell in 2012 that the ODCE was under-resourced?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: I will put it a different way. Does Mr. Drennan believe that he had adequate resources in 2012?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Mr. Drennan said in his opening statement that there were five components in the Anglo Irish Bank trial. There was huge public interest in the Seán FitzPatrick trial. Would he have requested additional resources to assist with all of that? As that arrived on his desk, would he have said to the Department that he needed additional resources as this was big stuff?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Mr. Drennan also referred in his opening statement to the Independent News & Media investigation and the finding by the court that it should progress. When I was questioning the senior departmental officials last week I mentioned that significant financial assets are being transferred due to Brexit, including €190 billion alone from Barclays. Mr. Drennan will understand that...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: I am conscious that when we discuss the Remy Farrell comments there was one accountant in the office in 2012. Obviously that is not enough. Hindsight is 20-20 vision but the ODCE was given major responsibilities on behalf of the people of the State. The lives of many people were utterly destroyed in many ways by the economic collapse and the office carried responsibility for holding people...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: I have to ask the question. If members of the public were here, they would want to ask it. Perhaps we will get more light in the documentation and we will revisit this on another day. However, I leave that question hanging there as it is a question that is asked regarding the show trial of one individual and whether there is an issue where other bodies gave these institutions clean bills...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: No, I have another question. The Law Reform Commission discussed six core powers. I will not read them but the officials will be familiar with them. What are their thoughts on the six core powers as a framework for the future? Do they accept them as prudent? Should they be reflected as we work our way through this legislation and any possible amendments thereto?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: It strikes me that in his response, Mr. Drennan has almost made a case for an overall agency if the ODCE could not have been tasked with the matter of looking at audits. From the perspective of the ordinary layperson, which is what I would regard myself as in this regard, the full picture was not fully examined. This committee has received submissions which pointed out that in a court of...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Do investors in a company look to an audit as reassurance that their investment is a safe one, for example?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Is that not terrifying?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Okay.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: That is my fault.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: I have a final question.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: It will be. I talked about how, when one goes on an aeroplane, one puts one's faith in the pilot being adequately trained and one's life in the pilot's hands. We have perhaps a foolish perception that auditors sign off on accounts and give a company a clean bill of health. If an engineering company cleared an aeroplane and it goes down, my life is gone. I would like to think that my loved...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (19 Feb 2019)

Pádraig Mac Lochlainn: Mr. Drennan will be back so we can develop that further.

Seanad: An tOrd Gnó - Order of Business (14 Feb 2019)

Pádraig Mac Lochlainn: As colleagues in this House know, a very serious story has broken today regarding the fact that the PSNI has withheld huge volumes of information from the police ombudsman in the North. This information is pertinent to matters of the utmost importance, particularly to the families who have lost loved ones. I want to talk about the family of Councillor Eddie Fullerton from my hometown of...

Seanad: Progress in Relation to Climate Change: Statements (14 Feb 2019)

Pádraig Mac Lochlainn: Energy and food security are the two most important sovereignty issues facing Ireland over the coming decade. Agriculture and rural land are the pillar upon which both of these are built. As the world shifts globally from an extractive economy to a regenerative economy, successive Governments have been sitting on their hands and have failed to provide the leadership required to guide the...

Seanad: Nithe i dtosach suíonna - Commencement Matters: Services for People with Disabilities (5 Feb 2019)

Pádraig Mac Lochlainn: The Minister will be familiar with this issue, which affects a number of organisations in Donegal. iCare, which is based on the Inishowen Peninsula and works with more than 100 families of children and young people with autism, provides an absolutely vital service not just for the Inishowen Peninsula but for the wider area of north Donegal.The Bluestack Special Needs Foundation based in...

Seanad: Nithe i dtosach suíonna - Commencement Matters: Services for People with Disabilities (5 Feb 2019)

Pádraig Mac Lochlainn: I acknowledge the Minister of State's long campaign for families with loved ones with disabilities and for persons with disabilities. He has personal knowledge of being a carer so he will understand more than most just how frustrating the situation has been. I will again tell the story of iCare, which I know so well because it is based in my home town of Buncrana. It has been in operation...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion (5 Feb 2019)

Pádraig Mac Lochlainn: In its report last October, the Law Reform Commission recommended a corporate crime agency. I was my party's justice spokesperson and I remember at the time a key contribution was made by Remy Farrell, a senior counsel. He was heavily critical and stated it had never been a better time for white-collar crime. He referred to the dramatic under-resourcing of a range of agencies, including...