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Public Accounts Committee: Business of Committee. (26 Nov 2015)

John McGuinness: No. 3C covers documents relating to today's meeting. Nos. 3C.1 to 3C.3 are briefing documents, all of which are to be noted and published. No. 4 relates to a report and statements. There is only one from Pobal for 2014, in respect of which there is a clear audit, and this account is to be noted. Our work programme can be seen on screen. Next week we will deal with the Office of the...

Public Accounts Committee: Business of Committee. (26 Nov 2015)

John McGuinness: There are other outstanding items of information relating to CIT which relate to the costings of its recent report. One report states the costings are €100,000 and another one states they are €65,000. We should get the internal costs of this report and the breakdown of those, and who managed and produced the report. Also, there is mention of the due diligence report that was...

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: We are dealing with the 2014 Financial Statements of Bord na gCon. I welcome the witnesses. Before we begin, I remind members and witnesses and those in the Public Gallery to turn off their mobile phones because they interfere with the sound quality and transmission of the meeting. I advise witnesses that they are protected by absolute privilege in respect of the evidence they are to...

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: We are also joined by officials from Department of Agriculture, Food and Marine, Mr. Brendan Gleeson and Mr. Gerry Greally. I invite Mr. McCarthy to make his opening statement.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: I thank Mr. McCarthy and invite Mr. Meaney to make his opening statement.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: I thank Mr. Meaney and invite Ms Larkin to make her opening statement.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: I thank Ms Larkin. Can we publish both statements please?

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: Before Mr. Gleeson answers those questions, I will ask Deputy Sean Fleming to chair the meeting for a few minutes.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: Why is that not so worthy? As someone, who would know political parties-----

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: Is Mr. Meaney speaking about one political party - one that he knows?

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: I will pick up on Deputy Ross's claim about Mr. Meaney's appointment, namely, that had Fianna Fáil been in power, he would not have been appointed. Is that what the Deputy stated?

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: Let us comment on that claim. It is probably true that, had Fianna Fáil in its old construction been in power, Mr. Meaney would not have been appointed, but that is a reflection more on Fianna Fáil than on anyone else. What it did in appointments left much to be desired. Let me be clear on that point. During its long period in government it set in train the practice of awarding...

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: It is down further.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: It continues to decline.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: We have seen a decrease from €63.5 million in 2006 to €25 million this year.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: We do not yet know what the figure for 2015 is.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: All I am interested in really is that the board has halted the downward rush.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: It is stated that two of the board members resigned. Was that a resignation or was it just an end of term? Did they resign and, if so, why?

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: No, the board.

Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)

John McGuinness: Was there an issue?

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