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Results 1-20 of 26 for 5 million speaker:Gerry Horkan

Joint Oireachtas Committee on Transport, Tourism and Sport: General Scheme of the Communications Regulation (Enforcement) Bill: Discussion (23 Feb 2022)

Gerry Horkan: Could it be more than €5 million or is €5 million the maximum?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

Gerry Horkan: Mr. Cahillane referred to somewhere between €5 million and €6 million to €20 million. Does he have no oversight or knowledge, other than hearsay or what he might have seen on "Prime Time" or what might have been mentioned here regarding various contractors, that is, about €250,000 and €16,000 or €60,000? Does he not know?

Joint Oireachtas Committee on Transport, Tourism and Sport: Management of Passenger Numbers at Dublin Airport: Discussion (22 Nov 2023)

Gerry Horkan: We have kind of all agreed that we should be looking at the medium term because my concern - and it is a reasonably valid concern based on the bounceback - is that if the airport has gone up 5 million in one year and is close to the 32 million cap, we may get even 4 million next year. Mr. Jacobs is saying that demand is softer but I am not sure how much evidence there is for that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)

Gerry Horkan: I will touch on the Everyday Finance portfolio of May 2018. They were the bank's customers, but the record is fairly dismal. The average balance is €1.4 million, with 800 connections and 3,700 assets, which is approximately 4.5 assets per connection. Will the delegation give us some idea of what was happening? All of these people were loaned money, there were many connections and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

Gerry Horkan: I accept FBD has a remit, a mission statement and a core business and I am not telling the witnesses what to do. However, it seems from the figures we got this morning that €5 million has been collected in premiums in the past five years, about €200,000 had been paid out and about €800,000 has been placed in reserve against potential future claims. I am sure they are...

Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Coach Sector: Discussion (19 Oct 2022)

Gerry Horkan: How many coaches would that €5 million cover? Is it ten? Is it 20?

Joint Oireachtas Committee on Transport, Tourism and Sport: Delays Affecting Car Tests and Driver Tests: Discussion (1 Feb 2023)

Gerry Horkan: That means 5% of 2 million is the guts of 100,000 cars.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Cybersecurity: Discussion (25 May 2021)

Gerry Horkan: ...Mr. Walsh, Mr. O'Reilly or Mr. Larkin answers this. Let us say as a country we recruit a chief cybercrime guru, tsar or whatever we want to call him and he gets a budget of even ten times the €5 million we have currently. Where do we go from there? Mr. O'Reilly might give us an American perspective.

Joint Oireachtas Committee on Transport, Tourism and Sport: Management of Passenger Numbers at Dublin Airport: Discussion (22 Nov 2023)

Gerry Horkan: ...to acknowledge that and all of the good work that happened over the summer. That is all acknowledged. My concern is that growth in Dublin Airport from last year to this year is in and around 4 million or 5 million.

Joint Oireachtas Committee on Transport, Tourism and Sport: General Scheme of the Communications Regulation (Enforcement) Bill: Discussion (23 Feb 2022)

Gerry Horkan: ...would have to put up with it. Is it the case that those operators will now face penalties, the consumer will be able to get both redress and compensation and the operator can be fined up to €5 million or 10% of turnover? Will the higher or lower of those two figures apply?

Joint Oireachtas Committee on Transport, Tourism and Sport: General Scheme of the Communications Regulation (Enforcement) Bill: Discussion (23 Feb 2022)

Gerry Horkan: How does ComReg propose the sanction regime will work? Is it like a planning permission with regard to non-compliance? Will it send out warning notices? Is that in the Bill? A penalty of €5 million or 10% of turnover can be a large amount and, obviously, it will not be for a small offence. Where does the proportionality regime kick in? If a consumer rings up and does not get a...

Seanad: Asian Infrastructure Investment Bank Bill 2017: Committee and Remaining Stages (20 Jul 2017)

Gerry Horkan: ...looked into this and it is a good idea to be involved in it. It is estimated that our shareholding will be only 0.14% of the entire bank, which is not a huge exposure. I think it amounts to €5 million a year over five years. I welcome our involvement and Members' support for it and wish the bank and our investment in it well in the future.

Seanad: Asian Infrastructure Investment Bank Bill 2017: Second Stage (18 Jul 2017)

Gerry Horkan: ...are rapidly increasing in their monetary wealth per head. I do not believe that any of us realise how vast China is. India and Pakistan, among others, are enormously large countries, with 600 to 800 million populations. China has over 1 billion people. A new power station opens in China every four days. There are markets and opportunities there. As a First World country, it is our...

Seanad: Budget 2017: Statements (11 Oct 2016)

Gerry Horkan: ...to ensure we had a stable government. This means we have avoided the political paralysis we currently see in Spain, which is facing into its third election in 12 months. Another election here would cost the State €40 million. We are committed to having an impact, not simply shouting about it. Thanks to the sacrifices of the Irish people, the economy is performing strongly, with...

Seanad: Budget 2019: Statements (9 Oct 2018)

Gerry Horkan: ...a challenge, of which we need to be aware. Our priorities in the budget were Brexit, housing and the health service. We have secured an increase in the budget for social housing, while a further €60 million has been targeted at dealing with homelessness. While not sufficient, it is a step in the right direction to end the scandal of homeless families living in hotels and bed and...

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Gerry Horkan: ...there have been significant issues with the Tax Appeals Commission - mainly the lengthy backlog and the number of cases that are before it. At the end of June 2019, there were under its remit 3,543 active appeals. Since its inception, that list is getting longer where the commission is opening more appeals. In 2016, more than 2,300 appeals were received and 200 were closed. In 2017,...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Gerry Horkan: I move recommendation No. 11:11. In page 134, between lines 15 and 16, to insert the following: “Report on impact of ending VAT rebate on VRT 42. The Minister shall within three months of the passing of this Act, prepare and lay before the Oireachtas a report assessing the economic impact of ending the VAT rebate on VRT in section 38 on the car rental sector.”. People who are...

Joint Oireachtas Committee on Transport, Tourism and Sport: Shannon Group: Chairperson Designate (25 May 2022)

Gerry Horkan: I might. It does not make sense from a State perspective that we have an airport with a capacity of between 4.5 million and 7 million - Mr. Henry might clarify that - but that was only seeing 1.5 million before the pandemic. Considerable capacity is built, ready and deliverable. National aviation policy can do a certain amount. I would love to see Shannon Airport at 5 million passengers...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Engagement with AILG and LAMA (21 Nov 2017)

Gerry Horkan: ..., does not know what will happen in the future. Some counties are large. I happened to be a representative in the geographically smallest local authority in the country. It was 8 miles long and 5 miles wide. In large counties, however, a councillor who is an architect or quantity surveyor could be rezoning land a long way from where he or she lives only to be asked in a year's time to...

Seanad: An tOrd Gnó - Order of Business (16 Dec 2021)

Gerry Horkan: ...centre before the day of the count on 21 April. People forget just how far we have come even though we are still not where we would like to be. We had a lockdown in early January, we had 2 km and 5 km limits and most people could not visit their grandchildren or grandparents. We are in a different place now and the vaccines have made a considerable difference. Last night, the House did...

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