Results 781-800 of 14,090 for speaker:Marc MacSharry
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: I mean Bibby Financial Services Ireland, because that owes the SBCI the money.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: It is a very specific thing, because it is a discount invoicing company. Did the SBCI carry out an aged debt analysis?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: It might owe in the region of €1 billion. Did the SBCI drill down into that €1 billion to see how much of that was likely to come back?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: My information is that the SBCI did not. Is the witness certain?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: I will conclude my questions. I am about to go over time and the Chairman will cut me off. What I am getting from Ms Sweeney is that the SBCI did not carry out an aged debt analysis. That is a very specific term in its business. Unfortunately, my position is that the SBCI was not set up for this purpose. It is bailing out Sir John Bibby and his shipping company. An aged debt analysis...
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: I am just about to conclude. I will do so by making a proposal that the committee consider, under section 748 of the Companies Act, asking the Office of the Director of Corporate Enforcement to examine the support that was given to Bibby and whether the money was used for its intended purpose. Although I am no expert, my reading on this matter recently leads me to believe that Irish...
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: I understand that. I had to step out for a second, but I understand Ms Sweeney said that Bibby Financial Services Ireland has been funding invoices of €135 million. Is that correct?
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: That is approximately €30 million per year.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: Give or take €30 million per year, which sounds like big money to the average punter and, indeed, me. The money has been turned around. To fund €30 million in invoices per year, €5 million is needed every 60 days. Some €1 million goes out and €1 million comes in, for example. If the €60 million we have provided was to fund discounted invoices, it...
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: There is money coming in constantly. A lender does not give €20 million and tell someone to pay it back in two years' time. Bibby Financial Services is not saying that-----
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: I hope that the committee will proceed with the proposal, which was seconded and I believe was supported by others.
- Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)
Marc MacSharry: I am okay with that. The clerk might circulate the exact wording, which I sent him, to all members and we can decide on Thursday.
- Covid-19 Vaccine Roll-out Programme: Statements (Resumed) (4 Mar 2021)
Marc MacSharry: I have been raising the issue of vaccine supply publicly since 2 January and, indeed, privately before that with the Taoiseach. I am glad to see the rest of the Oireachtas is now raising it. I am well used to Governments not listening to me but at this stage we are hearing about the matter from every quarter, party colleagues and every Deputy across the House. I hope we can begin to...
- Written Answers — Department of Education and Skills: Student Support Schemes (4 Mar 2021)
Marc MacSharry: 163. To ask the Minister for Education and Skills the fee arrangements that will be in place for Irish students attending Scottish universities in autumn 2021; and if he will make a statement on the matter. [12299/21]
- Banking Sector: Statements (3 Mar 2021)
Marc MacSharry: Everything changes yet everything stays the same. Professor Sean Barrett of Trinity College Dublin, a former Senator, used to have a phrase when he was in that House, "There is a back stairs for the banks into the Department of Finance". We were in government when he first said that but nothing has changed and that notional back stairs is still very much there. We formulate policy to...
- Reopening Schools and Leaving Certificate Examinations: Statements (3 Mar 2021)
Marc MacSharry: I thank my colleagues for sharing time. I thank the Minister and Minister of State for their work over this challenging period on designing the return to school. Inevitably, it will never be quick enough for any of us but we are delighted a start has been made. I also thank all of the staff of the Department of Education, the teachers, staff of schools throughout the country, the unions...
- Written Answers — Department of Enterprise, Trade and Employment: Covid-19 Pandemic Supports (3 Mar 2021)
Marc MacSharry: 21. To ask the Minister for Enterprise, Trade and Employment if the €160 million boost to firms under the Covid-19 fund as announced on 9 February 2021 extends to sports clubs; if not, the reason sports clubs that pay local authority commercial rates and that were covered by his Department's business scheme up to November 2020 when the Covid restrictions support scheme was created now...
- Written Answers — Department of Education and Skills: Third Level Admissions (3 Mar 2021)
Marc MacSharry: 627. To ask the Minister for Education and Skills if a student (details supplied) who sat the leaving certificate exams in November and December 2020 and gained an additional 70 points as a result, will be offered a higher preference course on their CAO application 2020 despite accepting the offer of a lower preference course in the absence of the additional 70 points they now have; and if he...
- Written Answers — Department of Justice and Equality: Garda Recruitment (3 Mar 2021)
Marc MacSharry: 683. To ask the Tánaiste and Minister for Justice and Equality when the next intake of Garda recruits will occur; and if she will make a statement on the matter. [11648/21]
- Public Accounts Committee: 2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 39 - Office of Government Procurement (2 Mar 2021) Marc MacSharry: I have two brief questions. First, does the Office of Government Procurement procure all services for the State?