Results 401-420 of 1,061,390 for in 'Dáil debates' OR (speaker:Tom Kitt OR speaker:Josepha Madigan OR speaker:Emer Higgins OR speaker:Verona Murphy OR speaker:Catherine Murphy OR speaker:Simon Coveney OR speaker:Paschal Donohoe) 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: -----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)

Verona Murphy: I want to go back. I am very aware that most of what has gone before has nothing to do with many of the people sitting before us. However, it does not mean that everybody did not have awareness. I appreciate that. I am not sure what qualifications are required for the governing authority because I believe it is made up of students, professors and whatever. In the case of Mr. Kelly, he...

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)

Verona Murphy: It is actually a huge responsibility. He is responsible to Revenue and to everybody for everything that goes forward. When the presentation was made and the price was given, who recorded the minutes?

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)

Verona Murphy: Mr. Kelly's office, not Mr. Kelly himself.

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)

Verona Murphy: It would be a major red flag for someone not to insert the valuation price at a minuted meeting where a presentation was made, where money of this nature, exorbitant money, was being spent. Obviously, people will make up their own minds. At what stage was it recognised by Mr. Kelly that stamp duty was going to be on top of this 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)

Verona Murphy: When he put the proposal together to bring it to the executive committee, it was not his role to include-----

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)

Verona Murphy: What? Sorry?

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)

Verona Murphy: What was Mr. Kelly's job then, from the perspective of, he sat in on the presentation-----

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)

Verona Murphy: He took everybody at their word. He saw nothing unusual, heard nothing unusual, as far as he was concerned everything that was in what was presented, he took to be for real and kosher.

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)

Verona Murphy: Never mind who presented it. Mr. Kelly suspected nothing except bona fides.

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)

Verona Murphy: I know. I am asking if there was anything in it that would have raised a suspicion that that was not fact.

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)

Verona Murphy: That is not the word Mr. Kelly used when he spoke to Deputy Catherine Murphy. So the question is - was it presented in a way that it misrepresented, misinformed or was prepared to mislead? Do not dilly dally.