Oireachtas Joint and Select Committees
Thursday, 27 February 2014
Public Accounts Committee
Payments to Section 39 Companies: Discussion
12:30 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
I have just done a rough calculation. They make up between them about 48% of the overall turnover. They are 95% funded by the State. They are getting roughly €83 million from the State. Over 40% of the turnover comes from the State, but it comes to about 95% for these two organisations. Is that a fair statement?
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