Oireachtas Joint and Select Committees

Thursday, 26 July 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform

11:00 am

Photo of Jennifer Murnane O'ConnorJennifer Murnane O'Connor (Fianna Fail) | Oireachtas source

I was asked a question and I need our guests to clarify the position on the matter to which it relates. Retention money is a deduction from moneys earned, agreed and invoiced and is held by others. Who is holding that money and why? When will it be returned to its rightful owners and what can the Department do in this regard? That question was put to me and I am wondering if either Mr. Cahillane or Mr. Howard can answer it.

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