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Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: It was a long time ago.

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: On 10 October 2013, Mr. Boland commented on the meeting before the committee.

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: Mr. Boland gave an explanation, which is in the transcript, in which he made reference to the fact that he had a meeting.

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: Thank you, Dr. Murphy. Can we publish all those statements?

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: Before we begin, I remind members, witnesses and those in the Visitors Gallery to turn off their mobile telephones as they interfere with the quality of the sound transmission of the meeting. I advise witnesses that they are protected by absolute privilege in respect of the evidence they are to give this committee. If they are directed by the committee to cease giving evidence in relation...

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: I ask Mr. Tom Boland of the Higher Education Authority to introduce his officials.

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: I ask Professor Willie Donnelly of Waterford Institute of Technology to introduce his officials.

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: I ask Dr. Brendan Murphy of Cork Institute of Technology to introduce his officials.

Public Accounts Committee: Waterford Institute of Technology: Financial Statements 2013
Cork Institute of Technology: Financial Statements 2013
(10 Dec 2015)

John McGuinness: Mr. John Burke of the Department of Public Expenditure and Reform is also in attendance. I ask the Comptroller and Auditor General to make his opening statement.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We have agreed to do that and to seek the report. On a point of clarification, if the Committee of Public Accounts were to suggest that Mr. McCarthy carry out a value-for-money or governance audit, would the report come before us?

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: If a value-for-money matter was contained in the documentation Deputy McDonald has been given, a value-for-money audit could be suggested to Mr. McCarthy and that report would come before us.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We have agreed what to do with this and will move on. If there is no other business, we will ask the witnesses to attend to deal with today's matters.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Deputy McDonald suggested that we should write and ask for the report. When we do so, we could send a transcript of this part of the meeting. Then, we could seek whatever advice is necessary and take it from there, rather than just leave it.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We need to check a number of issues in the report. Deputy McDonald has undertaken to do some work regarding the disclosure made to her. We agree to take the suggestion to the Central Bank, request the report mentioned and include the transcript of this part of the meeting and request a response. It is a starting point.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Deputy McDonald has the information and we do not. The Deputy has raised it now and I am not sure of the legalities around whether we can get access to the documents. That would have to be clarified. We have been informed that we do not have a remit in respect of the Central Bank, even though it is audited by the Comptroller and Auditor General. It is one of the organisations listed in...

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Perhaps we can clarify that before the end of the meeting through a telephone call. Then we can take a decision as to what we will do next.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: The draft report has been circulated. If the Deputy has any amendments, he can tell the clerk later.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: The clerk will include that.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We can do that. The last item in the correspondence relates to the National Asset Management Agency, NAMA, and-----

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Yes, we are.

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