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Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: I will deal with an issue that has come up but which has not been raised today. It is the issue of wards of courts in terms of the Office of the Accountant of the Courts of Justice, although I would say it was more within Mr. Quigley's domain. Members of the committee have on and off received written correspondence on the issue, about which I have a couple of questions. The office is...

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: I am focusing specifically on investments.

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: Who were they?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: Under which category do investments fall - unitised funds of Bank of Ireland Asset Management, BIAM, managed funds or equities?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: I am looking at the note to the accounts of the Office of the Accountant of the Courts of Justice.

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: Over what period.

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: There was a reduction of 17% in 2008. What value did this represent?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: When an award is made to an individual who is made a ward of court, is the way in which the fund is invested determined by the investment committee?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: If someone is awarded €4 million in court, how will it be invested by the investment committee?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: Roughly, what is the breakdown between cash payments and long-term investments?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: Typically, what is the percentage breakdown between cash payments and investments?

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: I accept that.

Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(20 Nov 2014)

Kieran O'Donnell: Overall.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Kieran O'Donnell: In regard to the scheme as currently constructed, will IDA Ireland advise if it is not working efficiently?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Kieran O'Donnell: Have there been any deliberations with IDA Ireland in regard to this being linked to further jobs announcements outside of the individuals who avail of this scheme?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Kieran O'Donnell: Under the scheme as currently drafted, could a situation arise whereby an Irish resident individual working in Ireland could go abroad for six months and a day and then return to Ireland and avail of the scheme?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Kieran O'Donnell: This is not only about cost, but opportunity cost.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Kieran O'Donnell: It would be beneficial if some empirical work was done on the knock-on effect in terms of additional jobs of the enhancement of the scheme. It should be a job creation measure as distinct from a measure benefiting only the individual.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Kieran O'Donnell: I thought Deputy Doherty was about to welcome Deputy Walsh to the committee on his first day here and that he would take those factors into account.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)

Kieran O'Donnell: It is worth half of that value currently. The figure of €23 billion is effectively equivalent to the amount of money the taxpayer has in AIB. Through the Minister for Finance, we control approximately 99% of AIB's stocks. Am I correct?

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