Oireachtas Joint and Select Committees
Thursday, 3 April 2014
Public Accounts Committee
2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management
11:50 am
Mr. Robert Watt:
We will need to check with the NDFA on this, but my understanding is that the company, the PP Co, the private partnership company, is a separate entity from Treasury Holdings. When they set up a public private partnership, they set up a separate company. While Treasury Holdings is in NAMA, I do not think the PP Co is in NAMA and I do not think there is any write-down of debt. We are discharging the full-----
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