Results 16,481-16,500 of 26,043 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: When was this?

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: But in the ... all I really want to know really is the decision-making process.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: When you come forward to 2003, what due diligence was done in terms of the announcement? When did you first bring it to Cabinet-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: -----because you announce it on budget day, so enlighten us as to when you first brought it to Cabinet with due ... and what due diligence was done prior to the announcement?

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: When did you first bring it to Cabinet?

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: When?

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: So, you had the approval of Cabinet-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: -----when you announced it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: Well------

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: Can I move onto in your last budget, in 2004? In your 2003 budget, you said about the tax allowances and all the various reliefs, "All of these schemes, without exception, are to end on the 31 December 2004". You said there was no justification. You came along then to your 2004 budget and you said:Last year I announced the termination of a series of major tax reliefs from the end of 2004....

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: That's the 2004 budget.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, that you ... that you announced in December 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, 2004 budget announced in December 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, it's called the budget. It's for the year 2004, which was announced in December 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, no, it's you ... you announced in your budget in December 2002 that there would be no exceptions for reliefs on capital allowances for all these various schemes beyond December 2004. You then came along in your budget, two thousand and ... December 2003, which is for the following year, you said that "I have been bombarded by demands...". And, within that budget, you extended all the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: AAA01800 type: 1 --> No, no, no, the December ... the budget that you announced in December 2002, which was for the '03 year, you stated categorically that you were not going to extend the reliefs beyond the termination date that was coming up, which was the end of 2004-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: -----and then came along the following year and you stated:Last year I announced the termination of a series of major tax reliefs from the end of 2004. Since then I have been bombarded by demands to revisit that policy, especially in the case of one particular relief. Now I looked back on the committees, the meetings you had with various groups - and, Chairman, if I could refer you to Vol....

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: That's the previous budget, Mr. McCreevy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: It is.