Results 18,341-18,360 of 26,685 for speaker:David Cullinane
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: My next question is for Mr. Gleeson. The Department has a responsibility in respect of protecting taxpayers' money and ensuring that there is no mismanagement, poor decision-making, bad judgement or incompetence in organisations funded by the taxpayer and for which it is responsible. I will evaluate whether that is the case in a few minutes but I am trying to get into the heads of the...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: I will get to some of the issues. I will start with the site near Meelick that was dealt with earlier. Did Mr. Murnane answer the questions on that?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: How much was it bought for?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: What was it bought for?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: What is its current status?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: What is it worth?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: How much of a loss is that?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Almost €1.5 million. Is that good judgment?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: So there was due diligence?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Who signed off on the site being bought?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Would the board have signed off on it?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Is Mr. Murnane telling me that the board signed off on it without full knowledge?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: It is either-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: I am not asking about the Comptroller and Auditor General.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: I am not asking the Comptroller and Auditor General. I am asking Mr. Murnane. I am looking for a straightforward answer. Either the board had the full information or it did not. It is not a grey area, it is black and white. Did the board have the full information to equip it to make a decision to sign off on €1.5 million?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: So we cannot say whether it was bad judgment but there was certainly incompetence on the part of somebody because the full information was not given to the board. Would Mr. Murnane agree with that?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: I would label that incompetence. I would see €1.4 million as a very significant amount of money so I would see it as incompetence. I will move to the sale of Harold's Cross. Will Mr. Meaney reread the fourth paragraph on page 2 of his opening statement, starting with the decision to sell Harold's Cross?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: What does not make commercial sense?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Did it make commercial sense to sell Harold's Cross?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Could I get Mr. Meaney to turn to the-----