Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Public Accounts Committee
Payments to Section 39 Companies: (Resumed) Rehab Group
1:50 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
I fully agree. Nobody has mentioned the services Rehab provides or the clients who benefit from them. I accept that Rehab has 3,000 staff. I accept also that they are not public servants in terms of pay and protection. People understood Rehab as a private company, but substantially it is in the public arena. That needs to be made clear.
In simple figures, what was Rehab's retained surplus last year and what is its retained surplus currently? A registered charity is supposed to be a not-for-profit organisation, but I estimate Rehab's reserves at €75 million between revenue and capital reserves. That is a considerable income for an organisation with a registered charity number that claims to be not-for-profit. I ask Mr. Poole to explain that.
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