Results 12,081-12,100 of 34,627 for speaker:Seán Fleming
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Mr. Black is saying that the NTMA's operating cost is approximately €50 million.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: -----the National Development Finance Agency, the Ireland Strategic Investment Fund and the NewERA. That is good. I am moving on now to page 147. Perhaps Mr. Black would explain the difference between the discretionary portfolio and the directed portfolio. I think the directed portfolio are investments directed by the Minister, which are related in the main to bank shares. I ask Mr....
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: The NTMA sold the 25% of the State's shareholding in AIB.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: That is fine. The Minister for Finance is the shareholder. Page 211 sets out the breakdown of the State's shareholding. The AIB shareholding is valued at €10.4 billion and the Bank of Ireland shareholding is valued at just over €1 billion. What is the percentage shareholding in each of those institutions?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Given that the job of the NTMA is to manage the debt and part of the debt has been incurred by acquiring those shares, from Mr. O'Kelly's point of view - I am not talking about policy - is it economically advantageous to continue to sell those shares? I am not talking about the politics of doing so. People will have views on that. I agree with Deputy Kate O'Connell that the State should...
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: What is the value of the AIB shares today versus the per share price when they were sold last year?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: It was a little bit better, even if the NTMA was to sell some more this year.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Mr. O'Kelly is saying in retrospect we did well to get what we got at the time compared to current value.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Mr. O'Kelly should say that because some people probably think we sold short. Would Deputy O'Connell like to comment?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: I have a few wrap-up questions to ask but I can ask them later if there are members who would like to come in at this point.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Pardon?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: I waited to ask my questions when everyone else had had an opportunity to speak.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Okay.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: Does Deputy Connolly want to come in?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: I am not finished but I will pull back and allow in anyone who wants to speak. I will allow Deputy O'Connell now followed by Deputy Connolly.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: In what age group are these people now?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: They are no older than 60.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: It has taken all this time. Is there any statute of limitations involved in this?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: We have to wait until people are 65 to tell them that. Are many of the claims not proceeding due to all these medical assessments saying that it cannot be proved that thalidomide is the cause?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed) (12 Jul 2018) Seán Fleming: The NTMA is not covered by that.