Results 12,561-12,580 of 16,492 for speaker:Ciarán Lynch
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: The legislation actually stated that the Minister may make and publish guidelines in relation to this.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: No.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: With respect, I am just producing the legislation.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I shall furnish Deputy Fleming with as much time as he wants. At each interjection I make, his time will be returned to him. I am saying, however, that the legislation allowed for the Minister to provide terms of reference, which he did not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I put the same question to Mr. Considine.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I am asking for the figures, Mr. Considine.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I will deal with that later, Mr. Considine. I just need to know-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: Yes, they are thousands, and I will call you in due course.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I will deal with that. I am questioning the witnesses at the moment.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: By my calculations, then, both directors have been paid in excess of half a million euro since their appointments in 2009. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I calculate your fees to be in excess of a quarter of a million euro each, which means the total for both directors since 2009 is in excess of half a million euro.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: I understand the figures include fees and expenses. Is there anything else the witnesses are not telling us this morning? The sums I referred to include both fees and expenses. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: Okay. There may be additional sums involved but Mr. Considine cannot account for them this morning. Basically, both directors can account for more than half a million euro but there may be other moneys which cannot be accounted for.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: What is the position of Mr. Walsh?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: When you were appointed in 2009 and since that appointment, more than four years ago, were you ever given specific instructions or terms of reference in regard to reporting on how to carry out your tasks as public interest directors?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: Did you say "informal"?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: That is not the question I am asking of both witnesses. When you were appointed, were you given specific terms of reference or instructions regarding how you would report your behaviour as public interest directors?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: Mr. Considine, how do you respond to that question?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: Since 2009, you have not received terms of reference related to how you would report your activities as public interest directors. Since you were appointed in 2009, have you, on any occasion, in your capacity as a public interest director, reported your activities to any Minister for Finance or any specific structure within the Department of Finance or the Central Bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Ciarán Lynch: Mr. Considine, have you reported through any mechanism, as a public interest director, since 2009?