Results 6,041-6,060 of 26,465 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: The matter of whistleblowers was mentioned. When Mr. Jonathan Sugarman appeared before us, he told a compelling story and outlined what he did. When we questioned the Central Bank, it told us that it could not tell us whether a sanction had been applied to the bank in question or whether there had been any fine. Under legislation it was not permitted to say. However, when credit unions...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: In respect of credit unions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: Then why is it that the Central Bank could not state whether it had sanctioned or fined banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: Is it possible that the Department would reconsider that stance in the proposed Central Bank (Amendment) Bill and include a name and shame section?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: The delegates should. I do not see why there should be an exemption or any sanction should be a secret. If a bank has done wrong-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: The public needs to know.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: I want the legislation the Department is proposing to allow for greater exposure of wrongdoing, if necessary, without the matter being complicated in any way. That brings me to the comment on regulation being beyond recognition. Perhaps that is so, but the banks' behaviour is still the same. They have not changed beyond recognition. I bring that matter to the attention of the officials...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: Mr. Tobin is saying in effect that the Department, the ECB, the Central Bank, and maybe more, were like blind mice running around the place and ignored what was happening.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: I did not say that Mr. Tobin said it but I am saying there were too many blind mice around not paying attention to what was going on. We may have had the regulation but not the implementation of that regulation and that is as essential today as it was back then.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: Was it Mr. Tobin who referred to mitigating against negative spillover in the future?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: Mr. Tobin referred to diversity of thought within the banks. I would have thought there was loads of diversity of thought, that they had all sorts of ways and means to think outside the box to ensure they put as much money into the public domain and into businesses as they possibly could. They probably had too much freedom of thought. I understand what Mr. Tobin meant but when we look back...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: The banks need to do more. They understand full well what happened and would also understand that many of those SMEs are not the type of risk now that they were back then, created in part by the banks. I am concerned about communities and parishes where there might be one big employer who is now struggling, not because their idea is wrong but because they cannot get the working capital they...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

John McGuinness: We will leave it at that. I thank Mr. Tobin and his colleagues for being with us today.

Written Answers — Department of Finance: Company Liquidations (7 Mar 2019)

John McGuinness: 79. To ask the Minister for Finance the amount spent on the attempted recovery of assets in eastern Europe, Russia and Ukraine formerly belonging to a group (details supplied); the value of the assets recovered to date; and if he will make a statement on the matter. [11400/19]

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (7 Mar 2019)

John McGuinness: 83. To ask the Minister for Public Expenditure and Reform the number of public works contracts since 2014 in which the final cost has been the subject of a confidentiality clause; and if he will make a statement on the matter. [11401/19]

Written Answers — Department of Health: Health Services Reform (7 Mar 2019)

John McGuinness: 169. To ask the Minister for Health the work undertaken by the HSE in collaboration with a group (details supplied) to examine reform of the healthcare system; if pilot programmes were set up as part of the work; if so, the details and outcome of each project; his plans to continue engagement with the group; and if he will make a statement on the matter. [11399/19]

Written Answers — Department of Health: HSE Data (7 Mar 2019)

John McGuinness: 176. To ask the Minister for Health the number of medical device companies located here and supported by IDA Ireland that are doing business with the HSE; and if he will make a statement on the matter. [11424/19]

Written Answers — Department of Health: National Children's Hospital Location (7 Mar 2019)

John McGuinness: 177. To ask the Minister for Health if a cost comparison analysis was carried out on all the proposed sites for the national children's hospital; the reason for the selection of the St. James's site; and if he will make a statement on the matter. [11425/19]

Written Answers — Department of Health: National Children's Hospital Expenditure (7 Mar 2019)

John McGuinness: 178. To ask the Minister for Health the person or body who signed off on the cost estimates at each stage of the national children's hospital; and the budgeted projected cost of the project at each month since 2016. [11426/19]