Results 19,481-19,500 of 34,729 for speaker:Seán Fleming
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: That is all I am saying. I have just been listening to the two of them this morning. I did not have any prior knowledge of this. Perhaps I will ask Mr. Creed the second question. It is about the bank. The witnesses have confirmed that the bank has not offered any write-down on the debt but did IGB raise, or will it raise, the question of a write-down? IGB owes a bank a lot of money....
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Fine. This is where I was trying to be helpful to Deputy Cassells earlier in his questioning. The bank has not offered a write-down, but the second half of the question was whether the IGB has sought one. Mr. Creed said IGB has sought a write-down, which I understand, but that discussions are still ongoing. In other words, IGB has sought a write-down but it has not been offered. It is...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Obviously, this is a game-changer for IGB's debt-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Yes. That is why I ask the question. Does the IGB have an expected completion date as to when it will receive that funding?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (Resumed) (18 May 2017)
Seán Fleming: Does Mr. Creed expect to receive it this year? The money-----
- 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.