Results 361-380 of 1,075,457 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Tom Kitt OR speaker:David Stanton OR speaker:Charlie McConalogue OR speaker:Joe Flaherty OR speaker:Alan Kelly OR speaker:Fergus O'Dowd OR speaker:Brian Stanley OR speaker:Jack Chambers OR speaker:Peter Burke)

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)

Brian Stanley: Why was the record-keeping deficient?

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)

Brian Stanley: That is one of the issues, is it not? This is the type of stuff that has led us to where we are now. It seems we will just forget about the public spending code and that it does not matter. It was decided to work out how many beds you can get into a house and price on that basis. If we can put four students in a house, that works out at more than €130,000 each. It was decided to...

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)

Brian Stanley: Did Mr. Kelly become aware of it?

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)

Brian Stanley: Was that a red flag for Mr. Kelly?

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)

Brian Stanley: Was the price a red flag?

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)

Brian Stanley: On the briefing that went to the governing authority, as anybody who has ever sat on a board will know, decisions are as good as the information presented to the board. In this case, the board is the governing authority. It is the supreme authority. It is chaired by Professor Laffan at the university. The decisions that are made by a board are only as good as the information provided to...

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)

Brian Stanley: Was that not enough for Mr. Kelly to say, "Hold on a second; this is deficient?"

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)

Brian Stanley: What was in the briefing that went to the governing authority was a load of cock and bull, was it not?

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)

Brian Stanley: It does not matter if God Almighty was in favour of it. Did the price and everything else not jump off the page at Mr. Kelly? He is an experienced company secretary. Is he telling me that he did not see deficiencies in this document before it went to the governing authority?

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)

Brian Stanley: That officer has now been suspended.

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)

Brian Stanley: Sometimes, the higher up you go, the less common sense you get. Mr. Kelly knows that, does he not?

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)

Brian Stanley: What comes from the top is not always the best.

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)

Brian Stanley: I read that part of the report carefully. I have got that. I had a couple of other questions regarding Rhebogue. Was Mr. Kelly aware that a valuation report had not been presented to a subcommittee of the authority before the purchase was approved?

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)

Brian Stanley: Yes.

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)

Brian Stanley: What are the implications for the university with regard to future funding? There is a section 64 investigation here. What are the implications?

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)

Brian Stanley: Was Mr. Kelly at the meeting of the Committee of Public Accounts in May 2023? Did he attend that meeting?

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)

Brian Stanley: He would have heard assurance being given that a new property acquisition policy had been put in place. Surely, the Rhebogue transaction did not follow that policy. As corporate secretary, did he not ask questions as to why that policy was not being followed?

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)

Brian Stanley: At the start of the meeting, I quoted the findings of the Comptroller and Auditor General. Sometimes you will find one or two issues or deficiencies but absolutely zero was right about this. It is just such basic stuff. This is a university. Sole traders going out to buy an extra unit to house their business or whatever else would do all of these things in consultation with their...

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)

Brian Stanley: Limerick City and County Council would have been very clear. Any middle-ranking planner would been able to rattle this off from the top of the dome. They would quote the Planning and Development Act.

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)

Brian Stanley: If those above you are doing wrong, you have a duty to flag that up. Is that right or wrong?