Results 7,881-7,900 of 35,131 for speaker:Seán Fleming
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We will note and publish the correspondence as we want to balance the discussion. There has been much debate about returns to the State. It is clear that on an investment of €1.59 million by Enterprise Ireland, it received €4.5 million in return. That helps to complete the picture on the matter. The next item is No. 1939B, correspondence received in connection with the...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: It will come into our discussion on the periodic report on the potential costs of claims and costs incurred.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Not immediately. We have good information.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Yes. If clarification is requested on any point, we will seek it in writing in the first instance.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Absolutely.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: When the secretariat is drafting a periodic report, it checks to see if we have all of the answers. It will go back to obtain the information. Therefore, our periodic report will be based on up-to-date information. As a period could elapse between the public meeting and the date of publication of our report, we always check. That work goes on behind the scenes.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: It is the Department of Justice and Equality.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Does the Deputy want me to hold it over?
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We will note and publish this but the Deputy is noting he will want to revisit this item.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: The Deputy can bring the matter up again.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Part of it.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: We note and publish that. It is an issue we will come back to. It will form part of our periodic report and feeds into the State claims issue as well. The next item of correspondence is No. 1944B from Mr. Mark Griffin, Secretary General, Department of Communications, Climate Action and Environment, providing follow-up information in respect of metropolitan area networks and mobile phone...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: I also want to note that this matter has also been discussed with the Office of Public Works in recent days at the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach. Next is correspondence No. 1949B from Martin Whelan, head of public affairs at the National Treasury Management Agency, providing a note on the Ireland Strategic Investment Fund, which is part...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: It took us a bit of time to learn this. The NTMA has a commercial interest but it is through units, not shares. It is not a shareholder.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: It has up to €250 million. We are putting that on the public record, anyway.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Yes, the letter goes on to say that some of the other investors that have units in this fund are Irish investors, including pension funds, trusts and local investment managers, while there are three international investors as well. The Irish investors include university trusts, union pensions, religious orders, construction worker pensions, pension funds of a number of Irish companies, and...
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: There is a strong link here.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: This is of interest to those who are watching this issue.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: Who is the shareholder in this company? There is probably a shelf company and the funding comes through sale of units in the investment.
- Public Accounts Committee: Business of Committee (14 Feb 2019)
Seán Fleming: In other words, we still do not know who the shareholder of the company is.