Results 7,401-7,420 of 34,616 for speaker:Seán Fleming
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We got a note on it. We will recirculate it by email.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: If anyone wants to bring it up next week, they may do so. So much for Nos. 1931C and 1934C. No. 1936C is correspondence from an individual who went to get a bank draft from Ulster Bank the other day. He was told that the price of a bank draft was €2.25 but it would be rising to €10 at the end of the month. He says this is exorbitant. We will note that.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We will forward that to the Joint Committee for Finance, Public Expenditure and Reform, and Taoiseach for any action its members consider appropriate. They may want to investigate it. We will not get into the issue of the cost of the banking collapse today. No. 1941C is from an individual relating to a protected disclosure. The matter was discussed at a private meeting last week and a...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Do they have one now?
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: I propose that we write directly to the chairman of the board. It is unacceptable for an organisation with a turnover of €577 million not to have an internal audit function.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We will write to the board for an outline of why it happened and an update as to the current position. I picked this particular ETB because of its sheer size.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: They are hiring staff.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We are going to write to them so that they can explain it. We will ask if the City of Dublin ETB will be part of the internal audit function based in Cavan. We will ask what arrangements the board has put in place since 2017. We want to know how many meetings it has held since that time.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: It is minimal and it is not acceptable.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: The Comptroller and Auditor General liaison officer worked on a report last year relating to all the reports before us which listed non-compliant procurement. It was for the period up to October and it is currently being brought up to year end. A very significant piece of work will be presented to us shortly on precisely what the Deputy is requesting.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: The issue is on our radar and we will come back it.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Deputy Connolly is asking where it all goes.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: I will tell the Deputy. At the commencement of our work three or four years ago, we found that only 30% of the 300 bodies audited by the Comptroller and Auditor General had submitted their accounts within three months of the year end. That figure rose to 78% for 2017, not only as a result of the Comptroller and Auditor General's insistence but also the committee's refusal to accept it. One...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We will move on. I expect people to be satisfied that the matter is on a work programme. We will request the details of the note on the internal audit function. The next matter is the Mayo, Sligo and Leitrim Education and Training Board. There are similar issues, such as non-compliance. We will not discuss this now but we will request a detailed note. Concerns arise regarding internal...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Yes, we will discuss the work programme shortly.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Yes, we will do so presently. The next items are the State property miscellaneous deposit account, for which there is a clear audit opinion; the Ireland-United States Educational Fund, for which there is a clear audit opinion; the intestate estates fund account, for which there is a clear audit opinion; and the sundry moneys account, where amounts are held pending the final instructions of...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: There are four organisations. In one, money is in a suspense account waiting to be allocated. In the intestate estates fund, the balance is in the fund. The State property deposit account money mainly comprises the residual assets of dissolved companies. Who manages these funds? Are they not managed by the NTMA?
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Yes.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: It is in limbo. It is similar to a dormant account fund. The money goes into a fund but shareholders can reclaim it if they can prove it is theirs.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Who manages that?