Oireachtas Joint and Select Committees

Thursday, 7 February 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority

12:50 pm

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Last year, PricewaterhouseCoopers flagged issues relating to the accounts of CIE. The response of the Department and CIE was to come together with NewERA to monitor the accounts on a weekly basis. Two major elements of CIE's accounts are the €61 million and €152 paid to the company by the Department of Social Protection and Department of Education and Skills, respectively, for operating two separate schemes. Is it not possible to state whether CIE believes the two schemes are profitable?

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