Results 361-380 of 1,050,775 for in 'Dáil debates' OR (speaker:Patrick Nulty OR speaker:Ciarán Cannon OR speaker:Catherine Murphy OR speaker:Michael Lowry OR speaker:Seán Sherlock OR speaker:Niamh Smyth) in 'Committee meetings'

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: I do not know. I am going to move on and ask about one thing that jumped off the report of the C and AG. The developer approached first of all. Obviously, the developer would have been aware of what had happened on the Dunnes Stores site and might have sensed an opportunity and regarded the university as being a soft touch to try this. People would not have been snapping at the developers'...

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: That is highly unusual.

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: What would have been the thinking on that? Why would it be so?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: Would the €10 have gone under the radar where a 10% deposit-----

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: -----or the 10% would have been accounted for differently?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: Would that be accounted for differently if it had been 10%?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: This was quite convenient, that it was a peppercorn rent.

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: Can I ask about the existing Dunnes Stores site? What is the planning situation here? Obviously the university is partnering with Limerick City and County Council. What percentage of a commitment has Limerick City and County Council got with the university?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: Is there a long-term commitment with them? Has the university engaged in discussions with them?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: It would be a full planning permission.

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: When doing the evaluation in relation to Rhebogue, and the amount of money that was paid, the amount of income from rents was obviously the primary evaluation. What rent do students pay in Rhebogue?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: Had they been bought for the market price at the time as opposed to the Limerick university inflated price, would the rents have been different? Would they have been a reflection of the purchase price as opposed to the inflated price?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: They would have paid less. If UL paid less, they would have paid less.

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: So around the time of-----

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: I want to return to putting the item on the agenda. Is it correct that Mr. Kelly was contacted late on a Friday night of a bank holiday weekend?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: It was going to go onto an agenda in a few days' time.

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: The Cathaoirleach and I would have come through long years of being members of local authorities in addition to being Members of the Dáil. What you always watch for is something you do not get advance warning of . You know that somebody wants to get something through with the least amount of attention paid to it when it is lobbed in at the last minute. It is a management tactic of,...

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: We know how unacceptable that was. Who were the auditors when the Horgan's Quay was identified?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: Who is it now?

Public Accounts Committee: Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City (3 Oct 2024)

Catherine Murphy: They are obviously holding back. Everybody is concerned about their reputations here, including external auditors. It is taking longer than one would have expected to have that audit. Clearly, it is not available to us. We always find it unsatisfactory when we are not looking at the most up-to-date set of accounts in front of the Committee of Public Accounts. Is there likely to be an...