Results 3,541-3,560 of 11,702 for speaker:Colm Burke

Written Answers — Department of Transport, Tourism and Sport: Transport Policy (25 Apr 2023)

Colm Burke: 198. To ask the Minister for Transport, Tourism and Sport if a Standards Working Group convened by his Department plans to examine the MacCurtain Street public transport improvement scheme, currently being implemented by Cork City Council as part of its review, to ensure that the local authority is in line with the various guidelines and standards documents (details supplied) which should be...

Written Answers — Department of Health: Health Services (25 Apr 2023)

Colm Burke: 629. To ask the Minister for Health the number of prescriptions issued for oxycodone as part of a public drug scheme or in a HSE hospital, psychiatric facility or primary care setting and by a private GP from 2011 to date, in tabular form. [19580/23]

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: I thank the governor for coming before the committee and for his presentation. In his statement on the insurance compensation fund, he said the role of Revenue is the collection of the contributions from insurers. In real terms, however, those contributions that the insurers pay is collected from the taxpayers. Am I right?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: No, there is a 2% levy-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: -----put on insurance taken out by people. While the insurers can transfer the money, it is actually money collected by the insurers from the taxpayers. Am I correct?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: Yes, but they are taxpayers.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: In real terms, it is the ordinary person on the ground who is paying those contributions.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: It is not the insurance companies that are actually paying. It is actually collected from people who are getting insurance. The fund to bail out Quinn came from the taxpayers. The sum was €1.1 billion. Am I correct?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: Yes, and that money then has been collected from the people who are getting insurance in order to pay back that figure of €1.1 billion. Am I correct?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: At the last meeting in February, I raised the question of the settlement with PwC and about the fact that figure is not being disclosed to us. On the last day, the meeting was adjourned because that figure was not being disclosed to us. The governor has come in here this morning and it is not disclosed to us now either.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: We have a job to do as regards the money and making sure there is a full accountability to the taxpayer. There is taxpayers' money of €1.1 billion that was used to bail out a company-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: -----and there has now been a settlement, according to a newspaper that was published yesterday. We looked for this information back in February and we still have not received it. The governor is coming in here this morning and he is not prepared to disclose it either.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: It is taxpayer's money. We are accountable to taxpayers and to our constituents.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: Therefore, we are now talking about €1.1 billion being paid out by the taxpayer. We are talking about a settlement, which is €53 million according to a newspaper. This is 5.88% of the total loss the taxpayer suffered. No one is able to account to us as to whether that figure is true or not true.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: That was available. It was July of last year and yet it is not even in any statement we have received. I have had to ask two questions to get it. Our job here is to make sure there is accountability to the taxpayer and to our constituents. Why could we not have received that information previously? I fully understand the issues in relation to the courts. There still seems to be, in...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: Is the figure of €54 million the net sum after the payment of costs or is it the sum that was paid out before the payment of costs?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: On a note of clarification, is Mr. McGrath saying that the €54 million is before costs are deducted, excluding the €29 million we will be getting back, which related to security of costs, a security that had to be lodged by the State?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: I fully accept that Mr. McGrath may not know what are the costs. In other words, is €54 million the gross figure in real terms?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: I fully accept that, but we do not have an idea of the net figure. In fact, in this case, PwC was the auditor of a company that ended up with a liability to the taxpayer of €1.1 billion and we may be recovering as little as 4% as a result of what occurred.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed) (20 Apr 2023)

Colm Burke: Mr. McGrath must accept, though-----