Results 3,781-3,800 of 5,587 for speaker:Kevin Humphreys

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: That is fine.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: That is grand. The answer to my question is "Yes". This work has been given to KPMG, which audited Irish Nationwide Building Society, and to Ernst & Young, which audited Anglo Irish Bank. KPMG was recently replaced as AIB's auditors. It has been reported that it is now checking the loan book as well. Ernst & Young previously audited EBS, which is now part of AIB. It has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: Is the work that these companies are carrying out important?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I am putting it to the Governor-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: It is important.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I suggest there is a credibility issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I understand that Ireland is a small country with a limited number of suitable companies that have the necessary experience of this activity. If we look back at what happened, as we have to do if we are to learn lessons, we will be reminded that these companies were tied into previous audits and have deep links with the institutions that are being examined. I am just saying I do not think...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I am not talking disparagingly of the individuals. I am sure there are fantastic individuals working in these companies.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: There has to be a certain degree of credibility. It does not boost my confidence in this process when Professor Honohan says it being overseen by BlackRock International and the Boston Consulting Group. It seems that people are being brought in to oversee the auditors because there is a lack of confidence in their ability to do this job.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: Professor Honohan said that there are outsiders overseeing the auditors.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: That is not the point. If one feels there is a need for outsiders to oversee the auditors, maybe one would be better off giving the outsiders the work in the first instance. I say that on the basis of the credibility problems that have arisen before now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I will move on because it is obvious that Professor Honohan and I are not going to get very far with our disagreement on this matter.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I ask Professor Honohan to look at those practicalities. We have to go back to the people at election time and say we are using credible companies to oversee these institutions and make sure they-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Kevin Humphreys: I would like to revisit an old chestnut that I always seem to raise with Professor Honohan. The Central Bank recently published an extremely interesting document looking at the effectiveness of the security market programmes in stabilising Irish bond yields. Have Professor Honohan or his colleagues examined the purchase prices of the billions of Irish bonds currently held by the European...

Private Members' Business - Cuts in Education: Motion [Private Members] (24 Sep 2013)

Kevin Humphreys: I thank the Minister for sharing his time because it is always difficult for a Government backbencher to get time to contribute to debates in the House. I commend him on his response to the motion and the amendment he moved. It is important that the contributions we make tonight be fact based. Figures from the latest OECD Education at a Glance survey confirm that in 2010 Ireland invested...

Written Answers — Department of An Taoiseach: Departmental Agencies Board Remuneration (24 Sep 2013)

Kevin Humphreys: 110. To ask the Taoiseach if he will provide a list of the bodies, boards or committees under the remit of his Department to which ministerial appointments are made; the statutory provision providing for the making of such appointments in each case; the annual allowance or other payment made to the chairperson and the annual allowance or other payment made to an ordinary member; and if he...

Written Answers — Department of An Taoiseach: Departmental Agencies Board Appointments (24 Sep 2013)

Kevin Humphreys: 111. To ask the Taoiseach the bodies, boards or committees under the remit of his Department where there is currently a vacancy to be filled by ministerial appointment; if so, whether the vacancy relates to the chairperson or an ordinary member or members, specifying the number of vacancies in each case; and if he will make a statement on the matter. [39094/13]

Written Answers — Department of An Taoiseach: Departmental Agencies Board Appointments (24 Sep 2013)

Kevin Humphreys: 112. To ask the Taoiseach the bodies, boards or committees under the remit of his Department where there is anticipated to be a vacancy within the next six months to be filled by ministerial appointment; if so, whether the anticipated vacancy relates to the chairperson or an ordinary member or members, specifying the number of anticipated vacancies in each case; and if he will make a...

Written Answers — Department of An Taoiseach: Departmental Security (24 Sep 2013)

Kevin Humphreys: 133. To ask the Taoiseach if there is a central registry of all persons who visit his Department including those who may drive into his Department or access it through Leinster House; if he is concerned that there is no record of all those who may visit his Department rather than just those who sign the visitors' book and the implications this has for public policy and security; and if he...

Written Answers — Department of Public Expenditure and Reform: Office of Public Works Projects (24 Sep 2013)

Kevin Humphreys: 272. To ask the Minister for Public Expenditure and Reform the statutory powers under which the Office of Public Works directed to provide design and planning services to the board of a museum (details supplied) in Dublin 8; if this decision was publicly announced; and if he will make a statement on the matter. [39156/13]