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Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: We will. It is not before us today because we want to take legal advice before we bring the letter to the committee. It just arrived and we will come back to it. The next item on the agenda, which is on the screen, the accounts and statements received since-----

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: Which nursing home?

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: We have had a response from Deloitte. We got a letter of a couple of pages yesterday evening. It will be on the agenda for the next meeting.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: We are still awaiting for the details of that. The Deloitte letter will be on the agenda for discussion at our next meeting. We did not get a chance to circulate the letter in time for the meeting. The next issue on the agenda is financial statements received since the last meeting The United States Commission for Education Exchange has a clear audited opinion on €1.2 million and...

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: They were. The Comptroller and Auditor General did an audit on the 2011 accounts in 2012.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: That is the question. The Comptroller and Auditor General has audited these accounts every year since 2011 but they were never laid before the Oireachtas. We are writing today to NAMA and to the Minister for Finance asking them to explain why they were not laid before the Oireachtas. I will read one or two sentences from the Minister's reply. The NAMA loans are not on the State balance...

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: No, and this may surprise the Deputy. I asked the amount of funding each of these invested in the NAMA group and how much they will get when NAMA is being wound up, because NAMA will have a surplus. In recent weeks, the Minister would have made a statement that Members asked about paying off the NAMA debts earlier because NAMA has plenty of money in its account and will have a surplus....

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: It is each individual. I have the amounts paid out in each year. The shareholding changed in each year because one of the organisations had a change in ownership. It is probably a technical point. Perhaps it was coincidental, but I think that parliamentary question, which I submitted around a month ago, prompted the financial statements of the NAMA investment agency investment limited,...

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: They put in €17 million.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: No. I will read out the paragraph about the dividend. "Under the shareholders’ agreement, the maximum return which will be paid to the private investors by way of dividend is restricted to the 10 year Irish Government Bond Yield applying at the date of the declaration of the dividend." So it can change. The interest rate is based on the Government borrowing rates. They are not...

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: That is the accountant coming out in me. Our work programme is on the screen. We are getting there. Today we had the Garda Síochána in and there are a few comments I want to make. Next Thursday, we have the Revenue Commissioners in on corporation tax receipts, chapter 20 of the report of the Comptroller and Auditor General, and the question of dealing with corporation tax. We...

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: It will be included next year. I think that our programme from now until Christmas is staying as is.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: We got a big note on that.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: We will send it on to the Deputy. I saw something about goodwill payments-----

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: Yes, I think so.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: I have seen some correspondence on that.

Public Accounts Committee: Business of Committee (23 Nov 2017)

Seán Fleming: I will ensure that it is sent on to the Deputy. That is where we are with regard to our work programme. As there is no other business, we will adjourn the meeting until Thursday, 30 November when we will meet representatives of the Revenue Commissioners to consider Chapter 20 of the Comptroller and Auditor General's report on the accounts of the public service which relates to corporation...

Written Answers — Department of Justice and Equality: Property Registration Authority Administration (23 Nov 2017)

Seán Fleming: 125. To ask the Tánaiste and Minister for Justice and Equality further to Parliamentary Questions Nos. 36 of 30 March 2017 and 83 of 22 February 2017, the backlog of land registry applications or transactions on hand with the Property Registration Authority, specifically relating to section 49 applications; the progress to date in training for staff of the PRA since the replies were...

Topical Issue Debate: Hospital Services (22 Nov 2017)

Seán Fleming: Everybody in Laois and in this House would accept and agree that patient safety is the most important aspect of the services in Portlaoise but this plan does not achieve that goal. In 2014, the Health Information Quality Authority, HIQA, produced a report at the request of the Minister and a second report was issued in December 2016. I will quote the statement of Dr. O'Reilly from two days...

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