Oireachtas Joint and Select Committees
Thursday, 18 May 2017
Public Accounts Committee
Bord na gCon: Financial Statements 2015 (Resumed)
9:00 am
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
I welcome back all our witnesses. First, I want to be very fair to all of them who have come back on a second occasion. My questions are solely in the context of process and decision-making. I appreciate that many of the mistakes, as I would see them, that were made in the past were made by a previous board.
Second, it would be helpful if the witnesses answered as frankly as they can the questions that are put. If they do not know the answer to a question, they should just say as much because it rules out unnecessary conflict. If I ask a simple question about valuations or whatever it may be, if they have the answer at their fingertips, that is great; if they do not, they can forward the information. It is just a more efficient way of doing our business.
I must put it to them first, though, that there is a reading of the facts as they were presented at the last hearing and a narrative, which may or may not be true or fair, that the sale of the Harold's Cross stadium is essentially a Government bailout of a failed Government-appointed quango. That is one of the narratives or readings out there, and they must accept that. Obviously, they might have a different view. What they need to do is work with me to counter that narrative and answer the questions I put to them.
What is the current level of debt within the organisation? I want the actual amount and not rounded figures.
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