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:

I will make two points. We do care. We have a duty of care which we clearly recognised by ensuring, when we entered into the contract in 2016, Sammon as an SME would be fully paid. We sought confirmation on a monthly basis that that payment was being made. I hope the Chairman will acknowledge this point. Our contract provisions did not allow for same in the case of the moneys flowing beyond that point, but equally that company had a duty of care.

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