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Written Answers — Department of Communications, Climate Action and Environment: Energy Conservation (28 Feb 2023)

Brian Stanley: 75. To ask the Minister for Communications, Climate Action and Environment his Department's projected number of deep retrofits and heat pump installations that will be required each year to meet his Department’s target of 500,000 deep retrofits and 400,000 heat pumps by 2030. [9860/23]

Written Answers — Department of Communications, Climate Action and Environment: Energy Conservation (28 Feb 2023)

Brian Stanley: 101. To ask the Minister for Communications, Climate Action and Environment the total number of homes that were deep retrofitted in 2021 and 2022; and the total number of homes that installed a heat pump in 2021 and 2022. [9859/23]

Written Answers — Department of Health: Covid-19 Pandemic (28 Feb 2023)

Brian Stanley: 566. To ask the Minister for Health if the money for the pandemic payment for all those companies in the health section has been transferred to their accounts. [9642/23]

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

Brian Stanley: Representatives from the Office of the Revenue Commissioners, Mr. Eugene Creighton, assistant secretary, large corporate division, and Ms Angela O'Gorman, Comptroller and Auditor General and committee liaison person, are also joining us. They are all very welcome. I remind all those in attendance to ensure their mobile phones are on silent or switched off. Before we start, I will explain...

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

Brian Stanley: Before I invite Mr. Molloy to make an opening statement on behalf on the Central Bank, I note it was the expectation of the committee that Mr. Gabriel Makhlouf, the Governor of the Central Bank, would attend this meeting as the accountable person in respect of the matters the committee wishes to examine. I understand we received a letter from Mr. Makhlouf, which was sent on Monday,...

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

Brian Stanley: I thank Mr. Molloy. Before we hear from the members, I wish to convey the apologies of Deputy Munster. Deputy Catherine Murphy will join us later in the day. She is tied up with parliamentary duties.

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

Brian Stanley: We will revisit this matter.

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

Brian Stanley: If he does not have it, Mr. Molloy might ask one of his officials to check during the meeting to see if we can get an answer to that.

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

Brian Stanley: We are in a stalemate situation on this issue. I feel the committee is literally being stonewalled on it and Deputies McAuliffe and Colm Burke have not got satisfactory answers to this. Can we ask the representatives of the Central Bank of Ireland to convey this back and we may have to have them back in again on this matter, including the Governor of the Central Bank of Ireland, Mr. Gabriel...

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

Brian Stanley: Very briefly as we are in Deputy McAuliffe's time.

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

Brian Stanley: That is fine and we have that but the actual outcome is the question.

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

Brian Stanley: What was the landing zone here?

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

Brian Stanley: Yes, it is a gamble.

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

Brian Stanley: It is not an insult, the Deputy is right.

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

Brian Stanley: Questions should go through the Chair.

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

Brian Stanley: That is helpful. I will ask Mr. Molloy about the Report on the Administration of Movement of the Insurance Compensation Fund for the Year Ended 31 December 2021. I was reading this last night. On page 17, it states: “The following amounts were owing to the Fund by companies under administration, or in liquidation.” The closing balance of amounts due from Enterprise Insurance...

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

Brian Stanley: I was flabbergasted when I read that. In my innocence as a taxpayer and motorist, I thought the only ones we were mopping up after were Quinn and PMPA. When I read this list and some of the notes on it, I was astonished. Was the Central Bank responsible for the regulation of Quinn prior to it going into liquidation?

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

Brian Stanley: This is all on the agenda for today so I expect some answers on this. When did the Central Bank realise the financial instability and precarious nature of the finances of Quinn Insurance?

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

Brian Stanley: Are any of the Central Bank staff here competent to answer it?

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

Brian Stanley: The insurance compensation fund.

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