Oireachtas Joint and Select Committees
Tuesday, 3 July 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Role and Operation of National Development Finance Agency: Discussion
1:30 pm
Mr. Paul O'Neill:
It is also important to note that at that point Carillion's 2016 audited financial statements had been released. This was around July 2017. Those accounts showed a very profitable company. To reiterate the point, we were not solely relying on those statements. We looked at factors outside of that, and profit warnings were a pretty obvious factor in that respect.
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