Results 17,561-17,580 of 26,228 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: So am I-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: So am I correct in saying that ISA 39, contrary to the popular view or the popular belief, that you are actually able to make provisions for future losses? And secondly, in terms of the audits of AIB, what scale of adjustments did they ... did ye put forward and did the bank make on the basis of your audit over the provisions on loan ... on losses on loans they had already made?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: But you had a financial crash? Surely that was a ... it's a very fundamental point.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: No, no-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: But ... but you had a financial crash of monumental proportions, never happened before.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: Sure ... sorry. Without ... that ... there's, did that not constitute a defining event for providing these losses provisions under ... you call it I ... I'm going to call it-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: IBNR, but in essence it's losses ... a provision for losses into the future?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)
Kieran O'Donnell: Yes, I just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: Thank you, Chairman. I welcome Mr. Parlon and Mr. Kelleher. Do you have any comment to make on the fact that the ghost estates appear to be concentrated very much with low areas ... areas with low population densities in, we'll say, Longford, Leitrim and Roscommon ... and a survey done by ... a report done by the National Institute for Regional and Social Analysis and NUI Maynooth in 2010...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: The ... I think they are interrelated.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: In, we'll say, looking at the tax incentives ... and, Mr. Parlon, you were Minister for State in the Department for Finance with responsibility for the OPW between '02 and '07 and, Mr. Kelleher, during that period you would have been director general of the Construction Industry Federation. And over that time period in ... in December 2002 ... the Planning and Development (Amendment) Act...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: Chairman, I've already dealt with that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: Why?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: Even though, Mr. Kelleher, during that time period from '04 to '08 the level of house completions were peaking at incredible rates and, clearly, were-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: And, Mr. Parlon-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: So your members were looking for this?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: A minute of Mr. Parlon's time there please ... the question really was were member of your Construction Industry Federation, namely, developers, lobbying the CIF to look for the extension of the deadline dates for these tax incentives?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: I suppose I am conscious, Mr. Kelleher, in the limited time I want to hear Mr. Parlon-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: Mr. Parlon, in your time as Minister for State in the Department of Finance and the OPW, were you lobbied by the CIF and Mr. Kelleher for the extension of these timelines from up ... literally being extended for a four-year period from the end of December '04 right up to July '08 for all these tax incentive schemes that kept the construction sector going? Were you lobbied by the CIF and what...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)
Kieran O'Donnell: Were you lobbied by anyone on these-----