Results 1-20 of 56 for 5 million speaker:Marc MacSharry

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Marc MacSharry: ...whereby, subject to the courts, to AIG or adjudication on claims in the normal way - I am not coming down on one side or the other of that - each club could theoretically make a claim of up to €5 million for business interruption and that, while this is not reflected in the policy document that was provided to them, it is reflected in the master policy document that seems to be in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Marc MacSharry: ...that has not agreed to the test case process. Sticking to the GAA example, if St. Whoever's from whatever county decided that it wanted to investigate whether it could make a claim of up to €5 million, would AIG be prepared to go the test case route as opposed to the arbitration route, which as Mr. Connaughton knows would cost a minimum of €100,000 per claim?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Engagement with Insurance Companies (15 Dec 2021)

Marc MacSharry: ...advised of their right to claim. I ask that AIG address this through Marsh Ireland and whomever the former deals with in the GAA. AIG changed the cap applicable to this sort of claim to €5 million in November 2019. This relates to business interruptions owing to diseases such as Covid and the like. Unless AIG had a crystal ball, I wonder how it managed to guess so correctly...

Public Accounts Committee: 2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 31 - Transport, Tourism and Sport (27 May 2021)

Marc MacSharry: ...that to say that the work was really to do with assisting the return of scheduled services whereas the truth is that the former Minister, Deputy Ross, just decided that we were going to give €5 million to Waterford. What I am trying to establish is whether if he was so disposed, the current Minister could make funding available to Sligo Airport, which, as Mr. Towey probably knows,...

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Marc MacSharry: Give or take €30 million per year, which sounds like big money to the average punter and, indeed, me. The money has been turned around. To fund €30 million in invoices per year, €5 million is needed every 60 days. Some €1 million goes out and €1 million comes in, for example. If the €60 million we have provided was to fund discounted invoices, it...

Public Accounts Committee: 2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 – Superannuation and Retired Allowances
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Accounting for Capital Assets
Chapter 5 - Accounting for Allied Services (22 Oct 2020)

Marc MacSharry: If I lost €5 million due to my actions, and I am on Mr. Watt's watch, what happens to me?

Public Accounts Committee: 2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 – Superannuation and Retired Allowances
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Accounting for Capital Assets
Chapter 5 - Accounting for Allied Services (22 Oct 2020)

Marc MacSharry: It is €5 million lost. I cost the State €5 million because I did not do something correctly.

Public Accounts Committee: 2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 – Superannuation and Retired Allowances
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Accounting for Capital Assets
Chapter 5 - Accounting for Allied Services (22 Oct 2020)

Marc MacSharry: I have given Mr. Watt an analogy. I did my job badly yesterday and the outcome to the State is a loss of €5 million. What happens?

Public Accounts Committee: 2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 – Superannuation and Retired Allowances
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Accounting for Capital Assets
Chapter 5 - Accounting for Allied Services (22 Oct 2020)

Marc MacSharry: .... Notwithstanding the case-by-case nature, due process and so forth, what is the process when that happens? If, definitively, with fingerprints on the word or weapon, I messed up and we lost €5 million, what is available to the Department to do to me? Can it fire me?

Financial Resolution No. 3: Stamp Duties - Section 126AA Bank Levy (8 Oct 2019)

Marc MacSharry: ...measures did not give adequate cognisance to the impact on people. We will support Financial Resolutions Nos. 3 and 5, which we view as technical adjustments to, respectively, maintain the €150 million yield on the bank levy and fill a loophole so that companies being sold or purchased will be subject to stamp duty of 1%, which is an important revenue-raising measure, albeit the...

Educational Supports for Children Experiencing Homelessness: Motion [Private Members] (3 Apr 2019)

Marc MacSharry: ...report and very good recommendations. There is no excuse for not seeking to implement all those recommendations as a matter of the utmost urgency. This motion seeks to establish a ring-fenced €5 million fund to provide additional things needed by homeless children when they are attending school. The money in question would be used for things like hot meals, clothing, books,...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 1 - President's Establishment
Vote 2 - Department of the Taoiseach (7 Feb 2019)

Marc MacSharry: There was, therefore, only a 50% reduction in the €5 million figure? Was €2.5 million kept?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 1 - President's Establishment
Vote 2 - Department of the Taoiseach (7 Feb 2019)

Marc MacSharry: We no longer use the term "strategic communications unit". It only spent €2 million out of a potential €5 million, which was cut from €5 million to €2.5 million. There is no specific budget this year and, instead of 21 people, there are only 16 or 17 people devoted to communications.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 1 - President's Establishment
Vote 2 - Department of the Taoiseach (7 Feb 2019)

Marc MacSharry: The €5 million of this year's budget has been distributed elsewhere.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 1 - President's Establishment
Vote 2 - Department of the Taoiseach (7 Feb 2019)

Marc MacSharry: ...are not allowed to speak about X and they should speak about Y. They comprise the Government communications unit, yet there will be no more communications. The perception is that, while the €5 million might be gone, this unit still exists and all communication is being streamlined through it, with many of its people still on staff.

Public Accounts Committee: Matters related to Medical Negligence, Open Disclosure, Cervical Cancer and Thalidomide Litigation (8 Nov 2018)

Marc MacSharry: There are payouts, costs, legal costs, bills of costs and so on. Is it €5 million, €10 million or €100 million?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 10 - Funding and Oversight of Approved Housing Bodies
Vote 34 - Housing, Planning and Local Government
2017 Financial Statements - Housing Agency (25 Oct 2018)

Marc MacSharry: Would it not be fair to say that larger local authorities such as Fingal, with €100 million on deposit at any given time, would be in a position to supplement the staff costs and so on to get to that design stage and get over those initial humps without drawing down the 5% and the 10%? That would not hold it up. Would it not be fair to say that local authorities such as Sligo are at...

Mandatory Open Disclosure: Motion (15 May 2018)

Marc MacSharry: .... However, I have seen no leadership and I still see no leadership. Where is the open disclosure? I acknowledge that we got some documents today. It has been suggested that there are 40 million documents. It seems to me from looking at the documents that have been provided that they have been very selectively chosen. There are some things in them. I think there are many more...

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 2 - Department of An Taoiseach (3 May 2018)

Marc MacSharry: Mr. Fraser said the savings target for the SCU was going to be €5 million, and he is still going to go on that line, but if it cost €5 million and it was going to save €5 million, was it not going to be cost-neutral?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 2 - Department of An Taoiseach (3 May 2018)

Marc MacSharry: That is one view, but in terms of what was written on paper, it was going to cost €5 million and it was going to save €5 million. Is that not right?