Results 441-460 of 4,491 for speaker:John Perry

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Yes.

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: In 2012. With regard to the appointment of a new person to the position of Secretary General, the closing date for the receipt of applications was 24 November 2011.

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: A novel procedure was followed in the appointment process involving both internal and external candidates. The new Secretary General was announced in March 2012. Did the movement and replacement of key personnel in the Department of Finance during a critical period in the development of the Siteserv sale have the potential to distract management's attention from IRBC's operations and decisions?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Who was in charge?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: However, there was considerable confusion at that time.

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Was he appointed or filling a position?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: This is very important. We are talking about the context of the sale in the appointment of a new person to the position of Secretary General. The closing date was in 2011 and there was a novel procedure in the appointment process involving internal and external candidates which took quite a period of time to complete.

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Were special arrangements or temporary staff put in place during the difficult and complex transactions to ensure the Department remained on top of the IBRC issue?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: I went through the timeframe. It is all about the timeframe and the key personnel in charge doing a job. Ultimately, it is down to who is manning the till.

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: On 1 July IBRC formed a court-mandated merger of Anglo Irish Bank. In the autumn of 2011 Siteserv could not repay a debt of €150 million to IBRC. It went to the market and IBRC hired Walter Hobbs to supervise the sale. This is in the period all of these appointments were being made. On 9 March 2011 the 31st Dáil met and new members of the Government were appointed. In March...

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Mr. Dukes said there had been a private conversation and that he wanted to join before he became Secretary General. Is that included in the record?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: The point I am making is about the personnel changes and it is well worth mentioning again. Were there special arrangements or temporary staff assignments made during this difficult and complex transition period? When all of this was happening, who was in charge?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Who was making the decisions?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Is there paperwork to that effect? I have no doubt that the Chairman will say with regard to all of the management meetings that were taking place that everybody seemed to have a job, but who was taking action? There is the phrase, "Straight talk, action and results." Was there straight talking? Was there action and what results were achieved?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Is that not extraordinary in light of the chronology of events? The shares plummeted to zero and nothing happened.

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: I will finish on this point. In light of 2009 up to 2011, with the new formation of the toxic banks, including Irish Nationwide, would Ms Nolan not agree that the framework document was a very bad one or that it was not acted on?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: Who was it negotiated with?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: I could not see them having any problem with that document. Was it not in their interest that the document would be of benefit to the resolution of getting cash in? What problem would they have with the document?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: I come from the business world and a document of this nature is not rocket science. It was a framework document dealing with toxic loans which were going to be sold and a company that owed €150 million. One would think these were peace deal negotiations. This is only a simple document of how one does business. Is that not correct?

Public Accounts Committee: 2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013 (14 May 2015)

John Perry: I thank the witness.