Oireachtas Joint and Select Committees

Thursday, 23 October 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
2012 Accounts of the National Paediatric Hospital Development Board

12:30 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

On the going-concern accounting basis, I can understand why the Comptroller and Auditor General thinks that, because the Minister for Public Expenditure and Reform has time and again spoken about ring-fencing a portion of the proceeds of the privatisation of the National Lottery licence for this project. We have heard it a hundred times. I ask Mr. O'Brien from the Department of Public Expenditure and Reform to tell us the structure of this ring-fenced fund and where it is, who manages it, how much is in it and how much has gone out of it. Is there a ring-fenced fund?

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