Results 9,801-9,820 of 10,460 for speaker:Gerry Horkan

Seanad: Convictions for Certain Sexual Offences (Apology and Exoneration) Bill 2016: Second Stage (1 Feb 2017)

Gerry Horkan: That was pointed out, too.

Seanad: Convictions for Certain Sexual Offences (Apology and Exoneration) Bill 2016: Second Stage (1 Feb 2017)

Gerry Horkan: No other Senators have indicated a wish to contribute at this stage. I call Senator Nash to reply. He has five minutes.

Seanad: Convictions for Certain Sexual Offences (Apology and Exoneration) Bill 2016: Second Stage (1 Feb 2017)

Gerry Horkan: When is it proposed to take Committee Stage?

Seanad: Convictions for Certain Sexual Offences (Apology and Exoneration) Bill 2016: Second Stage (1 Feb 2017)

Gerry Horkan: When is it proposed to sit again?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Gerry Horkan: I thank the Commissioner for her attendance with her team and for responding to our invitation. I will continue on from Deputies Michael McGrath and Pearse Doherty. Would it be fair to say that this particular ruling is not so much about the Irish tax system and the Irish tax code but was instigated by the US Senate hearing and is specifically about investigating and looking at Apple? Is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Gerry Horkan: Can I conclude from Ms Vestager's response that this is not a question of the tax code but of Apple? The ruling was on Apple, the Commissioner was examining Apple. In respect of the selectivity argument that Apple got a better deal than anybody or everybody else, how many other corporations or entities were examined? Ms Vestager referred to 14 and there are references in the report to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Gerry Horkan: I do not want to cut across Ms Vestager but how many other companies were examined, hundreds or very few?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Gerry Horkan: Only 19 corporations were investigated to compare with Apple.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Gerry Horkan: There are issues with Apple. Is it fair to say that the Commissioner does not have issues with the treatment of the other 19 companies?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Gerry Horkan: I wish to tease out the argument about economic reality or the lack of such a reality in terms of the figures. If I understood her correctly, the Commissioner seemed to be saying that the figures did not have economic reality or that there were no employees, transactions or manufacturing activity. Moreover she seemed to say that moneys relating to other jurisdictions are flowing through...

Seanad: Visit of Bosnia Herzegovina Delegation (26 Jan 2017)

Gerry Horkan: I am sure Members will wish to join me in welcoming a parliamentary delegation from Bosnia Herzegovina led by the Foreign Minister, H.E. Mr. Igor Crnadak, and accompanied by the ambassador H. E. Mr. Branko Neškovic. On behalf of myself and all my colleagues in Seanad Éireann, I extend a warm welcome to the delegation and offer good wishes for a very successful visit to Ireland....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: I thank the delegations for their comprehensive presentations and particularly Ms Lavin for her personal story of how such a successful business was treated by Ulster Bank during the downturn and subsequently. If the story was on television or a movie, one would wonder how it could happen. It would be a film many people would like to watch. Unfortunately, it was very harrowing for Ms...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: He was not an official shadow director.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: He came in and all of a sudden he had his feet under a desk and was involved.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: Initially he was coming in to get the company through the 2008 and 2009 period. There had been a massive downturn in car sales and I presume the company had large enough overheads, with many obligations and staff. The cash was not coming in. Was the company in a position at that point where repayments that would have been falling due could not be met? Was that the way the bank manoeuvred him?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: So the company had gone through 2008 to 2011 without GRG or any help. It met all the payments through that time on time and never defaulted or had a missed or late payment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: In 2010, GRG dragged in a whole lot of other properties as cover for itself but those properties did not form part of the original loans.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: Did it try to drag in family homes, cars and so on?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: The sum of €20 million is referenced in the report.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: Was the €20 million a relatively recent injection or was it a €20 million injection historically over many years in terms of retained reserves and so on?