Results 18,161-18,180 of 26,579 for speaker:John McGuinness
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: I am not going to ignore the fact that Deputy Mathews has indicated but the Standing Order of the committee is that only members of the committee can contribute so I am not in a position to ask him to come in. I ask the members to dispose of Vote 7 and Chapters 1 and 2 of the 2012 Annual Report and Appropriation Accounts. Is that agreed? Agreed. I reiterate my thanks to Mr. Moran and the...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: The Deputy should conclude.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: The Deputy should conclude.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: We are at the end of the meeting. I ask the Deputy to conclude with a final question.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: I ask the Deputy to conclude. The meeting commenced at noon.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Deputy, please ask your final question.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Does that include the mortgage figure?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: So the figure for mortgages and SMEs is €208 billion, with €53.9 billion of that impaired.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: That total of €53.9 billion impaired loans is not likely to be repaid.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: The point I am making is that if they are dealing with this in the way they said they are dealing with it, they must have a figure for the mortgages that will not be repaid, and they must have a figure for the SME sector on the basis that they simply will not be repaid. I want to know the figures in those two categories. What are those figures?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: That is mortgages.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Is the balance the SMEs?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Can Mr. Carville give the committee a note on that?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Who are the auditors?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Are these the same ones that were there when they went bust?
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: The kernel of this problem is that when the banks are being examined in terms of the stress test, the figures and the statistics they give Mr. Moran hide the fact that individuals simply cannot pay the debt. There are significantly more of those people, and SMEs than is being discussed in their conversation with Mr. Moran and the Department. I say that because I have seen the letters that...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: I call Deputy Collins.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: So we will have to give them more money.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: What type of provision have they made for bad debts relating to mortgages that will not be repaid by people who are now out of work and are in houses that were purchased for €250,000 but are now valued at, for example, €80,000? There must be a figure for such cases. What provision has been made in respect of the SME sector? How much money will the banks need to deal with all...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) John McGuinness: Where would we be without our own adviser on the right-hand side? President Barroso’s former adviser made the statement and it has been recognised, but there is no tangible result that would allow us to deal more sympathetically with the businesses and individuals who, having had their lives ruined, now want to move on and do something different. Has Mr. Moran any opinion in this regard?