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Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: IBRC was still not treating them right. Did they or Ms Nolan have concerns?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: How long did it take the Department to achieve this?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: The Department is happy with the outcome of the public discussion that has taken place and the commentary that there were concerns within the Department about other transactions.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: Is Ms Nolan okay with it now? She said it was written in a moment in time. At this moment, reflecting on it, there was no need for concern. Is that what she is saying?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: Reading the document and even given the fact that it refers to what happened in a moment in time, it appears that the IBRC board did what it wanted to do and bullied the Department. It certainly did not allow the Department the scope I would have expected in the context of the Department's remit to look after taxpayers' money and examine the governance issues in a bank such as IBRC, for which...

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: I accept that, but to try to minimise it by describing it as a moment in time is a bit much. I am reading the documents to inform myself and taking out of them the view that the Department was not up to taking on IBRC and its determination to run on its own without departmental interference. I take out of the documents the view that it did as it pleased to a point. They tell us it had no...

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: When we look back on how the collapse happened - we all have a view on it and it is being worked out at another committee - there was a lack of information, a taking of things for granted, a bit of bullying here and there and pressing on by the banks. That culture of pushing the Department around was alive and well. We did not have enough strength from the taxpayers' and the Department's...

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: The sum is €76 million.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: Will Ms Nolan also give us a breakdown of the number of individuals and the various rates involved?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: We are, but because of the time I am going to suggest that maybe on another day we can go through them in more detail.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: We have asked for correspondence. Presumably, if there is correspondence between the Department and the regulator or the Central Bank, that can be included.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: Or if there are notes of telephone calls, etc.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: If the minutes reflected the fact that the Department complained or raised the issue-----

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: There are many other issues we have not dealt with, and I would be open to setting another date for a meeting with the Department at which we could take them up.

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: We can take the issue up again. Earlier I suggested that we would review it today and determine whether we have to ask the officials to come back in when discussing the general Vote. In the meantime we might take up the issue raised by the Deputies. We can also write to the Department of the Environment, Community and Local Government about the issue, if necessary. I must leave to...

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
(14 May 2015)

John McGuinness: It concerns Belfry investments and AIB.

Written Answers — Department of Agriculture, Food and the Marine: Animal Welfare (12 May 2015)

John McGuinness: 354. To ask the Minister for Agriculture, Food and the Marine to set out the number of complaints received by his Department relating to a pupply farm in County Carlow that are being investigated; the date each complaint was registered with his Department; the action taken on each complaint; if the complaints were forwarded to An Garda Síochána for investigation; if his Department...

Public Accounts Committee: Business of Committee (7 May 2015)

John McGuinness: Are the minutes of the meeting of 23 April agreed to? Agreed. We will move to correspondence received since the previous meeting. No. 3A.1 is correspondence, dated 1 May 2015, from the Department of Public Expenditure and Reform. It follows up on the committee's meeting with officials of the Department on 5 March. The correspondence is to be noted and published. No. 3A.2 is...

Public Accounts Committee: Business of Committee (7 May 2015)

John McGuinness: Perhaps we should set out the differences the Deputy has outlined by sending a copy of the transcript to the Department to seek clarification on the matters raised. We should also state that if they are not clarified in a satisfactory manner, we will invite the Secretary General and the relevant officials to appear before the committee. I suggest this as a first step.

Public Accounts Committee: Business of Committee (7 May 2015)

John McGuinness: No. 3C is documents for today’s meeting and comprises Nos. 3C.1 and 3C.2. They are to be noted and published. No. 4 is reports, statements and accounts received since the meeting of 30 April. All four documents have a clear audit opinion and are to be noted and published. The work programme is on screen. The next meeting will be with officials of the Office of the Minister for...

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