Results 4,341-4,360 of 7,082 for speaker:John Paul Phelan

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: I wish to refer specifically to pages 48 to 51 of Professor Honohan's report, where he makes reference to directors' compliance statements and the role of auditors. Subsequent to the publication of the report - I think in June or July 2010 - Professor Honohan was before the finance committee and he highlighted a number of areas that would merit further investigation. One of these was the...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: As a follow-up question, what difference does Professor Honohan think it would have made if the Minister had not intervened?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: I wish to refer to auditors. Professor Honohan was not specifically charged with investigating the role of auditors. He has flagged this a number of times and I mentioned a 2010 appearance before the finance committee when he flagged that the role of auditors needed to be examined a bit more. However, I am sure that, as part of this report, he would have had some sort of a cursory look at...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: Do you think it is their business?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: Finally, in your report you specifically criticise the Financial Regulator and the Central Bank for failing to react to 2007 articles by Morgan Kelly. In May of 2011, after your report was published, Mr. Kelly wrote a stinging attack against you for throwing away Ireland's best cards in going on "Morning Ireland" and telling the people that-----

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: Well-----

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: Well, it is-----

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: I will refer back to the auditors then because I have asked all of the people who have been before us thus far about the role of auditors. Professor Honohan mentioned earlier in his opening remarks that not enough was done to ensure the collateral was there in the audited institutions. Did the banks' auditors review the lending processes, particularly in relation to ensuring that the...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: Finally, again-----

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: In response to one of the previous questioners, you spoke about the three staff who were looking after Bank of Ireland, that this has changed and there are many more people involved now. It seems to me, as a layman looking in from the outside, that there was no connection made between the exposure that a bank had, taking Anglo Irish Bank as an example, to loans to a particular developer...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: I have a two-pronged question. In reply to Deputy Doherty earlier, Professor Honohan said he had just one meeting with the Minister prior to the guarantee, in which he was not asked about banking directly. Was he surprised that he was not asked? Second, and I do not mean this in a bad way, Professor Honohan does not strike me as the type of man who would be slow to give his view. As that...

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: On page 7 of his report Professor Honohan says that the major responsibility lay with the institutions themselves during the banking collapse. Does he think the institutions had enough skilled people in senior management positions or on their boards to be able to deal with the potential crisis?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

John Paul Phelan: Yes. On page 7 Professor Honohan says the major responsibility lies with them.

Written Answers — Department of Health: Nursing Homes Support Scheme Eligibility (14 Jan 2015)

John Paul Phelan: 540. To ask the Minister for Health if there is a legislative barrier preventing the temporary postponement of the taking up of the fair deal package by those who have successfully completed the application process but whose medical condition may have improved enough to allow them to live at home longer than previously anticipated, without them having to restart the process in its entirety...

Written Answers — Department of Health: National Children's Hospital Status (14 Jan 2015)

John Paul Phelan: 541. To ask the Minister for Health the current position regarding the development of the new national children's hospital; and if he will make a statement on the matter. [49554/14]

Written Answers — Department of Education and Skills: Special Educational Needs Service Provision (14 Jan 2015)

John Paul Phelan: 852. To ask the Minister for Education and Skills if extra special needs assistant hours will be approved in respect of a person (details supplied) in County Kilkenny; and if she will make a statement on the matter. [1678/15]

Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)

John Paul Phelan: The reason I asked the question is that there is a perception at least that some of the senior managers in the Department of Finance come from a very small pool, and have done traditionally. Senator Barrett referred to the movement from the Department of Finance across to the Central Bank. There is a strongly held perception that in Ireland traditionally senior managers in the Department of...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)

John Paul Phelan: I wish to refer to page 32 of the report, paragraph 3.9.2, in describing the tax promises contained in the 2002 programme for Government, Mr. Wright stated that they were effective political messages for the electorate but not good tax policy. Could Mr. Wright elaborate on what he meant by “effective political messages” as briefly as he can?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)

John Paul Phelan: Mr. Wright just referenced “fair and efficient”, does he believe that part of the 2002 programme for Government fitted into what he described as fair and efficient?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Dec 2014)

John Paul Phelan: As part of Mr. Wright's study or investigation, was an in-depth analysis of the recruitment practices of the Department of Finance carried out? I think on page 45, and in other places, he referred to the lack of certain expertise and he compared it to Canada and the Netherlands. Was there an in-depth analysis of the recruitment practices of the Department?