Results 1-20 of 372 for speaker:Edward Timmins

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: I thank the Chair, and I thank the witnesses for coming before us. I have four questions. The first relates to fraud generally. Mr. O'Connor can decide whether it is answerable. My question comes from my own work experience dealing with transfers of funds. Does the NTMA have a system of making telephone call confirmations in all cases of drawdown requests? I know it is often done by US...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: That is the first one. We will do them one by one.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: I have just one simple question.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: When someone makes a capital call or a request for funds to be transferred from the NTMA to a third party, does someone pick up the phone and ask the question, "Was it you who made that request?" This is a simple control.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: Is it not done as a rule?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: I would suggest that it is a very simple and a very effective control to be done 100% of times, certainly over values of €5,000.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: That is not a clear answer but I understand what Mr. O'Connor is saying.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: A "Yes" or a "No". In 100% of cases where someone does a transfer request - let us say over €10,000 - does that trigger a phone call from the NTMA to that supplier, yes or no?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: My next question pertains to interest charges and how we are trying to reduce the national debt. We are trying to reduce interest charges over the coming years. When the Minister for Finance was here a few weeks back I pointed out that in the multi-year expenditure plan 2030 prepared by the Government, the interest charge for 2030 was €5.3 billion compared to €3.1 billion in...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: I understand that. They might be slightly different from what we were led to believe but Mr. O'Connor does not disagree with the €5.3 billion to 2030.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: Generally, Mr. O'Connor talks about long-term investments. One of the weaknesses of our infrastructure plans is that a lot of State bodies require certainty on long-term capital projects of ten or 20 years. Can the NTMA contribute to giving certainty on the financing of infrastructure projects for the long term of five, ten or 15 years?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Engagement with the NTMA on Matters Relating to its Operation (22 Jul 2025)

Edward Timmins: Reference was made to the State Claims Agency and the number of cases outstanding - some 15,000 or thereabouts - with 4,000 being resolved in one year. This just seems quite slow. Is there a way of expediting these? Does the NTMA have any strategies to expedite the processing of claims?

Saincheisteanna Tráthúla - Topical Issue Debate: Financial Services (17 Jul 2025)

Edward Timmins: I thank the Minister of State for his reply. The threat of US tariffs has made it even more urgent for us to support Irish indigenous companies, and the Stock Exchange is crucial to this goal. While foreign multinational companies have created great prosperity in this State, geopolitical difficulties have underscored the need to ensure a positive regulatory landscape for Irish companies to...

Saincheisteanna Tráthúla - Topical Issue Debate: Financial Services (17 Jul 2025)

Edward Timmins: I thank the Minister for the opportunity to raise the importance of the Irish Stock Exchange to the Irish economy and to the growth of our indigenous Irish companies. I welcome the commitments in the programme for Government to support the Irish Stock Exchange. However, I would like to see this commitment followed up with concrete action to ensure its growth and success. I am glad to see...

Ceisteanna Eile - Other Questions: School Curriculum (17 Jul 2025)

Edward Timmins: I will mention in particular some items that should be included, for example, knowledge of finance and how to manage finance. This is important as it affects everyone. It should cover understanding of income tax and all other taxes. It should also educate about loans and mortgages and explain the difference between different types of loans. Second, it should include legal education and...

Ceisteanna Eile - Other Questions: School Curriculum (17 Jul 2025)

Edward Timmins: I will list some other items but the list is not exhaustive. Many schools run the mini-company programme in conjunction with the student enterprise programme supported by the local enterprise offices but this programme is only offered to a limited number of students in schools. Could we offer a programme to all students on the following: the skills and steps required in setting up a...

Ceisteanna Eile - Other Questions: Departmental Schemes (17 Jul 2025)

Edward Timmins: 93. To ask the Minister for Education and Skills further to the roll out and installation of solar panels in schools, if there are plans to work the ESB in relation to prioritising schools for installation or adjusting the payment rate for schools without smart metres to sell electricity back into the grid (details supplied); and if she will make a statement on the matter. [40201/25]

Ceisteanna Eile - Other Questions: Departmental Schemes (17 Jul 2025)

Edward Timmins: A little over a year ago, as the Minister knows, the Government started to roll out a scheme of supplying free solar panels to schools. This is a very worthwhile initiative. However, there is a problem. Many schools do not have smart meters, which means they cannot sell excess electricity back to the grid. This installation is taking way too long. I know of a school that will not get a...

Ceisteanna Eile - Other Questions: Departmental Schemes (17 Jul 2025)

Edward Timmins: I thank the Minister. The schools are currently given a 25% credit at, say, 18 cent per kilowatt hour. The schools are closed most of the year. Their generation during this time is huge, and more so since they are closed during much of the peak solar times in the summer. The other issue is that the 10 kW roll out is too small for many schools. They require a much greater coverage of...

Ceisteanna Eile - Other Questions: Departmental Schemes (17 Jul 2025)

Edward Timmins: On a related matter, this programme can help with the running costs of primary schools. Schools have severe financial difficulties. Many schools are in deficit. I have seen how the ancillary grant, for example, does not cover the cost of caretaking. Could this be increased to match the cost? Additionally, I believe we need to look at increasing the capitation grant further from the new...