Oireachtas Joint and Select Committees
Thursday, 30 March 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
UCC: Financial Statements 2013-2014
9:00 am
Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source
The college should talk to the trust to see how it can gain better benefits from a €12 million value that is accruing as 1.9% in terms of usable money on an annual basis. It does not seem to me to be a good use. In the best interests of those great donors who made the money available, they could not have ascribed such a minimal benefit to the college if they genuinely wanted to help the university. However, that is an aside. Where does the money come from? Does it all come from donors?
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