Results 19,921-19,940 of 28,162 for speaker:Catherine Murphy

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: What year was it?

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: So it was trading recklessly at that stage or near enough to that.

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Subsequent events would tend to suggest there could have been justification for saying that.

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: I do not think the Priory Hall case is anything like a direct comparison. There was a significant number of local authority properties in Priory Hall and that is separate. The difficulty is that it probably compares very well with the likes of the English-language colleges, as exactly the same thing happened there. There has been a failure to put regulation and oversight in place in terms...

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Yes, I am just saying that I think it is-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: I appreciate the scale of what Ms Kealy is talking about but we must be honest with her in terms of what is possible. The Minister does not have competence in respect of private companies, but there is an obligation to ensure that systems are in place to protect against this happening. I think that is where Mr. Kealy is coming in respect of how the IAA, when examining the accounts, looked...

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Unfortunately, we have a lot of history in that particular territory. What kind of grant aid did the company receive from Enterprise Ireland?

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: When was that?

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Did it take those shares in the parent company or the subsidiary?

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Presumably, it would have looked at that set of accounts which was not signed until the following year.

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: That would have been one of the warning signals had it looked at the accounts of that particular company.

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: If people were doing some degree of due diligence before handing over money for training, it would have been very easy for them to take some degree of comfort in the Irish Aviation Authority having an accounts oversight function and Enterprise Ireland involving itself by taking on shares. That was part of the reason that people would have chosen that particular-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Bonding looks like a very obvious place to begin. Has that happened in other countries? Are we an outlier in that regard?

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: If Mr. Kealy were to learn lessons from this, are there other things that need to be done? Should the IAA have, perhaps, a stronger role in respect of financial oversight?

Joint Oireachtas Committee on Transport, Tourism and Sport: Pilot Training College of Ireland: Discussion (24 May 2017)

Catherine Murphy: Mr. Kealy told us earlier that the IAA has a financial function.

Written Answers — Department of Education and Skills: Schools Building Projects (24 May 2017)

Catherine Murphy: 61. To ask the Minister for Education and Skills the provision that will be included in the capital plan regarding school facilities and increased capacity to reflect the increased development in view of the extensive land rezoning in the mid-east region and the large development proposals; and if he will make a statement on the matter. [24468/17]

Written Answers — Department of Justice and Equality: Visa Data (24 May 2017)

Catherine Murphy: 93. To ask the Tánaiste and Minister for Justice and Equality the number of long-stay join family single entry D visas issued in 2015 and 2016 and to date in 2017; the number of refusals for same; the average processing time; the process involved in processing this category; the number issued on a country basis; and if she will make a statement on the matter. [24989/17]

Written Answers — Department of Finance: Banking Operations (24 May 2017)

Catherine Murphy: 100. To ask the Minister for Finance if he will confirm that a loophole, known as the incurred loss model, which allows banks to hide losses by recognising loans at amounts above the amount the bank expects to recover will not be used in view of the fact that he plans to sell a portion of a bank (details supplied); if will ensure that this bank will reveal details of all losses in its...

Commission of Investigation (National Asset Management Agency) Order 2017: Motion (23 May 2017)

Catherine Murphy: It had a preferential opportunity. The questionable decision to bundle loans raised eyebrows, and rightly so, given that it excluded many potential bidders and ensured that the proposed sale would only be available to a small, elite group of large investors. It can be legitimately argued that such bundling may have occurred because of the need to bring forward the asset sales in order to...

Commission of Investigation (National Asset Management Agency) Order 2017: Motion (23 May 2017)

Catherine Murphy: I reluctantly support the setting up of this commission of investigation because I believe an inquiry should be held. However, it was predictable that matters should come to this. The investigation is to be specifically limited to Project Eagle and the controversial sale of the Northern Ireland loan book. It is clear that serious questions arise regarding the wider operations of the...