Oireachtas Joint and Select Committees

Wednesday, 21 September 2016

Public Accounts Committee

Business of Committee

1:30 pm

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

The Land Commission collected €858,000 is 2015. The assets and liabilities of the Land Commission were transferred to the Minister for Agriculture, Food and the Marine and will be dealt with as part of the Estimate for that Department from now on. Nobody will be getting their money back. Some people still owe money to the Land Commission. No. 4.26, the Cork Institute of Technology received a clear audit opinion. Note 28 disclosed that the institute incurred a deficit of €1.2 million for the year and had an accumulated deficit of €1 million at 31 August 2015. Is that a significant amount?

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