Results 1,921-1,940 of 10,962 for speaker:Timmy Dooley
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: The agreement is that each member will have a block of time in which to engage in a dialogue with our guests. I will ask a question and then get a response and we will work our way through it. Who is the bidder at the moment? What is the entity to which the State has assigned this status of preferred bidder?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: Will Mr. Ó hÓbáin continue vertically on that for me? Who or what is that? That is the Irish company, but it has a parent company, does it not?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: No. I will wait because this is important.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: One of the owners in Granahan McCourt Dublin.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: There are two investors in the holding company, which will hold all shares in NBI.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: There has been some confusion in recent days. Different answers were provided to two parliamentary questions asked by Deputy Cowen and me. McCourt Global LLC was mentioned as a shareholder on 15 May, together with Tetrad and Granahan McCourt. I take it that was incorrect. A subsequent response did not mention McCourt Global LLC, but only Granahan McCourt and Tetrad. Can I assume that...
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: When was that?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: That was sometime in 2018.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: That is important. Did that formal change take place in the month or two after the former Minister met David McCourt, who is Granahan McCourt's principal, and McCourt Global LLC, of which the principal is Frank McCourt? Is it true to say that the character of the one bidder that was left changed substantially within a month or perhaps two of the event in New York?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: So September 2018.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: I need to be particular about this.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: SSE and John Laing.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: An event took place between the former Minister and a number of officials from the Department in the summer of 2018 or thereabouts. There was a discussion at that meeting, which was minuted, which talks about the make-up or potential change in the consortium. Frank McCourt of McCourt Global LLC was present. Subsequently, his company was relied on to act as a guarantor or to assist Granahan...
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: What is the breakdown of the ownership of the holding company?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: With regard to the gap funding model, in 2015, five elements were looked at. If one goes through the work of KPMG and PwC at the time, it seemed like a good option when looking at the pros and cons. It was the cheapest overall, with the lowest level of subsidy required upfront and it minimised State exposure to risk. It was all good. It went with the gap funding model and it was hard to...
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: Can Mr. Ó hÓbáin give me one?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: Was it not KPMG which first suggested the gap funding model was the best?
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: When it transpired that what KPMG had suggested upfront did not really work out, namely, the pros it had identified failed to materialise-----
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: The Department got KPMG to come back. It was hardly a surprise if KPMG suggested it should still proceed with it.
- Joint Oireachtas Committee on Communications, Climate Action and Environment: National Broadband Plan: Discussion (22 May 2019)
Timmy Dooley: Briefly-----