Results 12,161-12,180 of 20,797 for speaker:Alan Kelly
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: That is concerning. I will seek help from Mr. Creed who is the person with financial experience on the board. He was probably appointed for that reason. Is the pension fund for IGB employees in serious deficit?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: How long did the deficit exist before the staff were informed?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: The CEO issued staff a notice on 8 March advising them to go to a meeting about this and to have their submissions in before the meeting on the 14 March, so there was less than six days. This is a big issue. We all have to look after our pensions. We all have to think about the future and our loved ones. This is a big issue. Was this not was very little time to give to them?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Yes.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Is Mr. Murnane happy with the consultation process that has been ongoing? Does he think the staff are happy with it?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Did they sign up to this?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: But they did not agree to it.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: So the board drove on despite the fact that the workers were completely against this.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Does Mr. Murnane feel that it met its requirements under section 50, which is very specific about the consultative process it has with workers?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: What period of time was there no CFO in the organisation?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: So four years.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: How was that allowed to happen, Mr. Gleeson?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Let us be frank, it was bananas that there was no CFO. It is crazy stuff. We have a situation where the pension was going down the tubes and there was no CFO in the organisation. Sorry, but there is a duty of care issue with regard to the workers here. I am not asking Mr. Gleeson to comment, I am giving my opinion. That is incredible stuff. Many of the workers were obviously working...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Was part of that to do with the pension?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: That is the figure I have.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: How much did it put in?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Did the €800,000 go in?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Have you met the full requirement? How long is it going to take to deal with this issue?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: And you are going to honour it?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Alan Kelly: Will any of the proposed sale, that €23 million, be used to to deal with the pension fund, considering the concerns of the staff?