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Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: Before we begin our meeting on the credit union fund accounts 2013, the credit resolution institution fund accounts 2013 and the Credit Union Restructuring Board accounts 2013, I remind members, witnesses and people in the Visitors Gallery to turn off mobile telephones as they interfere with the sound quality and transmission of the meeting. I advise witnesses that they are protected by...

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: It is good to see Mr. O'Toole back in the House, at the other side of the exchange.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: I ask Mr. McCarthy to introduce the accounts.

Public Accounts Committee: Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013 (11 Dec 2014)

John McGuinness: I thank Mr. McCarthy and invite Mr. Doyle to make his opening statement.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: Yes.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: We want to open the hearing with NAMA. One can hear the case before or after that. I am not recommending to the members someone who is not credible. The woman and the family have a very credible story to tell and it gives an insight into how NAMA conducts its business. It is important for the country and people dealing with NAMA that they understand how this is happening. If we can hear...

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: Yes.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: Next week we are to hear from NAMA.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: NAMA is not due to appear again for a while after next week. Our work programme is fairly full.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: We have to be careful about this. I have spoken to the woman at length and I would not suggest the meeting to the committee if it were the wrong thing to do. If the lady wants to represent her family and put her case to the committee, she should be asked to do so. She is not making any direct allegations or naming people; she simply wants to explain the impact on her family, her farm and...

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: I am working on the basis that when we dealt with procurement here, it was agreed the relevant group would be brought before the committee. It was unanimously agreed. We took a step in the direction of Sergeant Maurice McCabe and it was uncharted territory. We would not have had the information given to us as clearly if we had taken any other route or if we had not intervened. The story...

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: Okay. We can discuss this with the individual concerned and find out how she feels about it. We can proceed from there.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: I do not wish to burden the committee with too much but what Deputy Connaughton has raised is true in that the case in question must be borne in mind. I have been continually raising the issue of the special investigation unit in the Department of Agriculture, Food and the Marine and the fallout and cost to the State in relation to its work. It is difficult to get explanations about the...

Public Accounts Committee: Election of Vice Chairman (11 Dec 2014)

John McGuinness: Is that agreed? Agreed.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: Are the minutes agreed? Agreed. Are there any matters arising from the minutes? No. We will now deal with correspondence from Accounting Officers and Ministers. No. 3A.1 is correspondence dated 3 December from Mr. Tom Moran, Secretary General, Department of Agriculture, Food and the Marine, which is a follow-up to the committee's meeting on 16 October 2014, to be noted and published. I...

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: No. 3B.1 is correspondence dated 4 December from Mr. Seán Ó Foghlú, Secretary General of the Department of Education and Skills, re issues between UCC and Midland Construction. This is to be noted. Did Deputy Deasy raise this matter?

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: Due to the fact that there is pending legislation, perhaps its spirit should be cognisant of this case.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: In line with the spirit of that legislation, perhaps we could ask the Department or whoever to re-examine the matter.

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: No. 3B.2 is correspondence from Mr. William Treacy. This is an ongoing matter of which members are aware. The correspondence is to be noted. Moving on to correspondence relevant to today's meeting, correspondence received 5 December from Mr. John Doyle, CEO of ReBo, re briefing statement is to be noted and published. No. 3C.2 is correspondence from the Central Bank re briefing statement...

Public Accounts Committee: Business of Committee (11 Dec 2014)

John McGuinness: It was an item of correspondence.

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