Results 8,401-8,420 of 34,616 for speaker:Seán Fleming
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: Okay. We will write to the HEA on that basis and ask if the service being offered typically covers those issues, which it should know as it is funding this. This focuses on the ability to help people whose cases might be-----
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: Many of them have been there since 2002. The last one on the list was 2009, which is ten years ago. We will ask why there was such a time lag but it is ten years since the last one was implemented. We will note and publish that, and we will write to the HEA on that basis for further information in regard to the service provided. The next item is No. 1815 concerning the Strategic Banking...
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: No, that is the next item, which concerns the Ireland Strategic Investment Fund. This is the Strategic Banking Corporation of Ireland, No. 1815. Do we agree to note the entire document but only publish the covering letter and not the appendix? Agreed. We now turn to No. 1816, from the National Treasury Management Agency, providing information requested by the committee in relation to the...
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: -----yes, Enet, by the Irish Infrastructure Fund. The Deputy has the email. Would she like to comment? I do not think we have received the information we required.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: There are two points there and the point the Deputy raises now is on the earlier letter, which was the metropolitan area network and Enet getting an extension to its maintenance contract.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: I will now go back to the earlier document No. 1795. There are three documents touching on the same organisation, namely, the Ireland Strategic Investment Fund, ISIF. On the rationale for extending maintenance of metropolitan area network contract with Enet, the earlier document stated:Enet was awarded the first Concession Agreement for an initial 15 year term in July 2004. In July 2009,...
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: Yes, I am sorry, I am referring to No. 1795 because the Deputy mentioned this earlier and the Ireland Strategic Investment Fund is mentioned across three different items of correspondence today. Perhaps members could take time to read that and we could come back to it.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: Can we agree to put this item on the agenda for the next meeting?
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: I have read it. It is item No. 1795. Rather than getting into it now - there is information there that we had glanced over earlier - but maybe it would be helpful if people had an opportunity to read it in more detail.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: It is No. 1795 item part 2-----
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: It is the second item. It is No. 1795(ii)(B), which is the 14-page briefing note.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: Yes. No. 1816.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: I think we will come back to this topic the next day. The committee has to write to the Ireland Strategic Investment Fund to know what investment was made. I am aware it provided investment of €250 million-----
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: That is only on a commercial basis, not on an ownership basis.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: It is a finance advance. We are interested to know what its ownership is.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: What is the IIF?
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: What are-----
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: They are not a shareholder.
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: The reason the Deputies and I have been following this issue is that I am confused by the terminology. In document No. 1795 reference is made to the rationale for the State’s purchase of a €200 million stake in Enet:The Irish Infrastructure Fund, a domestic pension fund manager established by Irish Life Investment Managers, purchased a 78% shareholding in enet in 2017. [They...
- Public Accounts Committee: Business of Committee (17 Jan 2019)
Seán Fleming: Yes, the Irish Infrastructure Fund. One would almost think it was a State organisation with that name they put on it, which is confusing. I see in public documentation that the Irish Infrastructure Fund has regularly stated that it is a State-backed investment. I took this to mean that the State had a shareholding. I thought that our correspondence from the committee was to know what...