Dáil Éireann Debate, Wednesday - 27 March 2013
77. Deputy Joan Collins asked the Minister for Transport, Tourism and Sport the steps being taken to ensure that the situation in Dun Laoghaire Harbour Company where a director was being paid director's fees from October 2012 to June 2012, despite not attending any meetings, will not be repeated; and if he will make a statement on the matter. [15300/13]
Amharc ar fhreagraAs I stated previously on 18 October 2012, the payment of director's fees is a matter for Dun Laoghaire Harbour Company in accordance with the Code of Practice for the Governance of State Bodies.
While the Code requires companies to provide details of attendance in their annual accounts and outlines a number of other requirements in relation to the payment of fees, it does not link the payment of fees to attendance at a particular number of board meetings in any given period.
The Company's annual accounts and Chairman's report for 2011 confirm that all fees were paid in accordance with Government guidelines. Furthermore, the Company's accounts also detail individual directors' attendance at board meetings for the period covered by the Accounts. This information is publicly available.
I am not yet in receipt of the Company's annual accounts in relation to 2012.
