Results 19,421-19,440 of 34,664 for speaker:Seán Fleming

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Will Mr. Creed give us the expected timescale of the receipt of funds?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: The reason the witnesses are here is that IGB receives substantial funding from the Irish State and taxpayers, and there are competing demands for those funds. Judging from IGB's own financial management, approximately how much does it expect to receive this calendar year and how much does it expect to receive in the beginning of next year?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Yes.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Does Mr. Creed have any further information on that?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: He seemed to know about the bank.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Dr. Brady can come back to us after lunch.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: IGB expects to receive €13 million-----

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: It is all subject to everything going ahead.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: The expectation at this point is that IGB will receive €13 million this year, which will go to the bank, and €10 million as soon as possible, which will probably come out of next year's departmental Estimate.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Fine. I just wanted to clarify that. Questions about attendance were asked. I will ask my last question, the answer to which the witnesses must know from their own knowledge. It was said the average attendance in 2014 was 371 per meet and 387 in 2015. This year, to date, what is the average attendance at the meets being held? It was said 30,000 a year are being lost in Dublin....

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: How many is that?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Approximately how many meets have been held this year?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: The question is very simple. Mr. Meaney said that when one decides, one divides. Obviously, some people are most unhappy with the situation. I have no idea of the numbers. I am just being logical in my question. Obviously, if there are people going to the other 15 venues for meetings, they are still continuing to go to their meets. What I want to establish is the attendance at the...

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: -----over the break. They should be able to give us an indication of what is happening aside from the controversy here in Dublin because a lot goes on in the country. That is all. Those thoughts just occurred to me during the course of this morning's meeting. I call Deputy Cullinane.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: The Deputy should not weaken the board's hand in negotiations.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: We have to accept that now. We cannot compromise commercial sensitivity.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Allow Dr. Brady to respond.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: Bank account.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: On that, when the transaction is completed is one issue. If this preferred bidder does not complete the transaction, it is back on the market again and IGB has to disclose that information; it could compromise the situation. While Deputy MacSharry also wishes to come in, I note the voting time is coming up.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)

Seán Fleming: I ask Deputy Cullinane to be as quick as possible.