Oireachtas Joint and Select Committees
Thursday, 8 February 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General
Chapter 7 - Dormant Accounts Fund
9:00 am
Catherine Connolly (Galway West, Independent) | Oireachtas source
These issues are coming to our attention because of the Comptroller and Auditor General's report. They are not coming to our attention proactively from the various Departments. This is extremely worrying because there should be an inbuilt review of what is going on to facilitate the distribution of this money. I would like to clarify something. If an account pertaining to the list of the various institutions is dormant for 15 years, that money goes into the dormant accounts fund, but the owner is allowed to retrieve it at any point.
No comments