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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: Has the Minister informed the troika of his decision with respect to Coillte and Aer Lingus?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: When did the Minister inform the troika of those decisions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: In what way has it understood that for months back?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: What was that implication?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: That led the Minister to the conclusion that the shareholdings in Aer Lingus, as the former national carrier for an island nation, would be a matter of strategic consideration and concern.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: How many bids have been received in respect of Bord Gáis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: Okay, but the Minister said there were robust bids.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: Did those who advised the Minister on the robustness of these bids give an indication as to the number of bids?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: Why not?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: The Minister did not ask about the number of bidders or whether it was a single bid?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: I find that strange; I would have thought he would ask.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: I appreciate that the Minister must be at arm's length from the detail of the bids. The Minister says he is sure there is competitive bidding but he does not know the figure-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: The Minister has been informed there is more than one bid.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: If I may ask the Minister about the workers in Bord Gáis Energy, what will be the implications for them when the deal is sealed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: The Minister has not made any inquiries in respect of that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: Time is limited and I have to cut across the Minister. He has used the same phraseology in respect of Coillte, namely, that it was not the appropriate time to proceed with a sale. He has made very clear that translates into Coillte being off the table. Perhaps the author of the remarks is within the Minister's delegation. I can only assume that because he used the same phraseology for Aer...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: Can I say to the Minister-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: It is interesting that the Minister is at direct odds with the Irish Exporters Association which takes a very different view. It sees Coillte and its harvesting rights as deeply strategic. He is at odds with many outside consultancy papers which were considered by him and his delegation, and which drove the decision by Government to back off Coillte. It strikes me as very odd that at this...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: I am well aware of that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform (19 Jun 2013)

Mary Lou McDonald: That is lamentable. I do not want the Minister using up my 15 minutes with this class of waffle.

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