Results 11,661-11,680 of 20,422 for speaker:Brian Stanley
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: Mr. Griffin disagreed with those views at the time. Does he still disagree with them?
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: He does. That is okay.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: The Department of Public Expenditure and Reform made the point in the letter: As against this €3 billion Exchequer investment that is at risk [it turned out to be €2.6 billion or €2.7 billion] the private sector operator is only risking €175m of their own funds. I note that by 2028, the private operator is projected to have received [redacted] in dividends and...
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: I will share our perspective with Mr. Griffin. I have fundamental concerns when the Department which oversees public spending, and I am not trying to diminish the expertise in Mr. Griffin’s Department in any way-----
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: It is horses for courses. However, the Department which has the expertise in respect of handling the money bag in respect of State spending, and which oversees that process, raised serious concerns about this project not just once but several times, according to this letter. As a public representative, it leaves a doubt in my mind regarding what the taxpayer is stumping up here and the risk...
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: Okay.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: Briefly, because a couple of the Deputies have final questions.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: I understand that.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: Believe me, many of my constituents in Laois-Offaly are not travelling. Many of them have good broadband with commercial operators via a wireless signal. I am being told that the wireless signal has improved in quality.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: I ask Mr. Mulligan to just let me make this point. The improved wireless signal and improved broadband means that many people who could not work from home a few years ago can do so now. This is the case even before the NBP is rolled out to their areas. They have worked from home quite successfully.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: That is my point. I recognise the need for an intervention, however, and I support it. We must get high-speed broadband to every home, and I agree with that.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: We have a better connection today, by the way. I call Deputy Sherlock.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: It has nothing to do with the fact that Mr. Neary is a Cork man.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: I call Deputy Carthy.
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: I have a couple of questions for Mr. Griffin. In regard to the external consultants engaged by the Department, is the payment to them included in the overall contract of price of €2.6 billion?
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: Okay, so it is not in addition to that. It is reported that the lead investor is looking to sell its shares. Is the Department aware of that?
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: Would Mr. Griffin be concerned if that was happening?
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: There is a complex web of investors and entities involved. In total, taking into account Granahan McCourt Limited and the other funders, there are in the region of 30. In a project like this, is it unusual to have that many investors?
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: In our earlier engagement with NBI, it confirmed that it thought these investors would be involved in the short term for, say, three to seven years. Is there any concern within the Department that these short-term investments have a high yield in terms of, as outlined earlier, a 12% compound interest rate. Would that be of concern?
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters (10 Feb 2022) Brian Stanley: If the investors are involved in high-risk activity and a number of those companies go belly-up, what happens?