Results 11,961-11,980 of 34,627 for speaker:Seán Fleming

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: I apologise for the minor interjection.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: The first speaker will be Deputy Catherine Murphy, to be followed by Deputy Catherine Connolly and then either Deputies David Cullinane or Jonathan O'Brien.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: Deputy Catherine Murphy may ask a final question.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: Has a list of the stocks in question been published?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: The witnesses could forward it to us.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: Can the Deputy repeat question?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: Generally the first €18 billion of it went as the first tranche of the bailout. The first tranche of the bailout came from that and the balance of that came from the troika. A lot of the rest of it went into the banks.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: Someone can correct me if I am wrong. I understand that was called the National Pensions Reserve Fund. It was not for any of the things the Deputy mentioned at all. It was to pay for pensions when people retire in the long term.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: It was never a rainy day fund. It was specifically to provide for pensions, but then it became used for the first element of the bailout and then to buy the bank shares. It was never an investment like this portfolio. It was for pensions only.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: As a last point, it does not prevent the Government from establishing a redress scheme as a separate matter. That was mentioned on day one. The State Claims Agency is the current legal mechanism, but the Government could establish a redress system without having to go through the agency and have a redress board to deal with it. I do not want the public to think that if people do not take a...

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: It was for this organisation.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: The Deputy is quite right that today that is the only avenue.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: The redress scheme has not been established. It is only compensation. It may or may not, but it might.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: speaking genuinely, I do not want women with claims to feel they may never have any other option. They may do, but it has not yet been provided for. I did not want them to be upset unnecessarily thinking that if they did not sue the State, they would get nothing. Most agree with having a redress scheme.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: As we sit here, that is absolutely right.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: Does Mr. Breen have a figure of other claims about cervical cancer which are not part of the 221?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: What is that figure?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: We have not heard this issue aired before.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: This is approximately the tenth Oireachtas committee meeting between HSE and the State Claims Agency and the Committee of Public Accounts and the health and finance committees. I know that question may not have been asked, but sometimes it is great if people volunteer the full figure.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018)

Seán Fleming: I accept Mr. Breen's point. I may not have been here.