Member Since: 21st May 2002
9th Jan 2020
Nice article and interview etc. However, the IOC is fundamentally flawed. Its members are not required to retire or be re-appointed and they appoint their cronies when vacancies occur. It is a gravy train for their benefit and Ms Haddad's efforts, though sincere, won't change or reduce any of that.
The head of the Olympic Council of Ireland (in place since 1989) and a member of the IOC since 1994, was arrested at the 2016 Olympics in Rio and charged, with nine others, with ticket-touting, ambush marketing, theft, tax evasion, money-laundering and criminal association. He got bail and returned to Ireland. He has not returned to Brazil to deal with the case and has not co-operated with the Government enquiry in Ireland. He is still a member of the IOC and their website lists him (and others) as "Temporarily self-suspended". The IOC investigation has not reported yet, almost four years later. I doubt that it will ever report in a meaningful way or impose sanctions.
Hickey's positions in the Olympic Council of Ireland and the IOC were both "unpaid". He was paid large per diems and expenses for his "work" - he ran a modest sole trader estate agency business in Ireland.
In addition, there is a long history of bribery and corruption involving other IOC members. It is a racket and I doubt that Ms Haddad will change that, no matter how long she is in the position.
5th Dec 2019
Unfortunately, this has become a national embarrassment for us Irish. A couple of people involved in the procurement appear to have got carried away in the excitement of getting a fantastic piece of kit. One little-remarked aspect of the process was that the Request For Proposals specified a maximum machine height, reflecting the low clearance originally available. However, at some stage after the RFP had been accepted, the machine supplier sent some documentation that included one page giving the dimensions of the printer. At that point, a careful purchaser would have noticed, immediately excluded the printer and started the process again. However, the crucial detail wasn't spotted and the parties proceeded to sign a contract and land us Irish taxpayers in this mess.
Needless to say, it is not expected that any person involved will suffer for their incompetence. Taxpayers' money doesn't seem to attract particularly onerous responsibilities.
Incidentally, the machine is to be used to produce printed information for the politicians in parliament (the Dáil). Typical examples are calendars, Christmas cards, posters etc at minimal cost to them. Another scandal, but I digress.
And SteLacca's forecast about obsolescence before commissioning could well prove to be accurate.
We have form in these things. If I had space and more time, I could tell you about our computerised voting machines and sundry other public sector IT procurement/development scandals.
16th Sep 2019
I didn't know that "homage" was the new words for "fees".
6th Sep 2019
"My pedantry earned me a very good living for many years because I could spot things that lazier more careless people missed"
Without starting a mutual admiration society here, this is music to my ears. Me too.
5th Sep 2019
I'm neither a lawyer nor a property professional but the most significant item that I have come across in this area relates to the break clause notice from the tenant. A court case held that a notice of intention to avail of a break clause was not valid because the estate agent sending it on behalf of the tenant had its standard disclaimer "Subject to contract" on the letter. The court held that the notice itself would have been sufficient because it was already part of a contract and that the notice was meaningless. I was amazed that the pros could make such a simple error.
27th Aug 2019
Sorry, I'm going off-topic but this reminds me of a quoted PLC in Ireland, many years ago when I was an audit trainee (DP then, pre-IT). Disk drive with debtor records loaded, didn't work. The conscientious worker then loaded each of the previous backups in turn. Unfortunately, the read-write heads were faulty and were destroying the disks each time. Company had cash flow problems for a few months while trying to reconstruct.
23rd Aug 2019
No such thing as "on-premise system".
It's "premises", so the description would be "on-premises".
One of my bug bears.
22nd Aug 2019
"If you’re of a certain persuasion, S1 filings for unicorn startups are an enjoyable read."
At last, validation. And I thought it was just my dirty little secret.
14th Aug 2019
But it is taking back control. Not what many were led to expect.
8th Aug 2019
Luke Johnson was executive chairman, not just "executive director" as stated in the (interesting) article.