Seán Fleming (Laois, Fianna Fail) | Oireachtas source

There is a clear audit opinion in respect of it.

The next item concerns the Pensions Authority, in respect of which there is a clear audit opinion. There is also a clear audit opinion in respect of Teilifís na Gaeilge, the Sustainable Energy Authority of Ireland, the Irish Auditing and Accounting Supervisory Authority, the National Transport Authority and Microfinance Ireland. There is a clear audit opinion in respect of NSCDA (Operations) Designated Activity Company which is involved in developing and operating the National Sports Campus. There is a clear audit opinion in respect of NAMA and a number of its subsidiaries, including the National Asset Management Designated Activity Company, the National Asset Loan Management Designated Activity Company, the National Asset Management Group Services Designated Activity Company, the National Asset Joint Venture Designated Activity Company, the National Asset Residential Property Services Designated Activity Company, the National Asset Property Management Designated Activity Company, the National Asset North Quays Designated Activity Company, the National Asset Management Services Designated Activity Company and National Asset Sarasota Limited. The last named company is a subsidiary in the United States. We recently had a meeting with NAMA at which we covered all of those subsidiaries.

The next item is the Public Trustee Account which administers 148 trusts related to activities of the Department of Agriculture, Food and Marine, including former Land Commission Trust balances. As there is only a figure of €38,000, it really only involve a sheet of paper. There is a clear audit opinion. There are no actual current transactions.

The next item is the finance accounts which involves the annual statement on the transactions of the Central Fund. They were lodged on 18 July. In involves the small matter of €53.6 billion, the full income and receipts of the State. There is a clear audit opinion, but, obviously, it is an issue to which we will return.

The next item is the Local Government Fund 2017. There was a total of €1.9 billion which formed part of the expenditure of local authorities. There is a clear audit opinion. We will deal with that matter as part of our interaction with the relevant Department.

There is a clear audit opinion in respect of the Credit Institutions Resolution Fund which only has a turnover of €8.3 million.

The next item is the State Property (Miscellaneous Deposits) Account for the collection of windfall receipts, for example, from residual property remaining where a company is dissolved or struck off. The figure came to €14.4 million. When we discussed this item previously, I raised the issue of where a company was dissolved but there was a residual asset. Nobody was able to tell me that there was a State account that actually dealt with the matter. Everyone was vague about where the money ended up. I take it that it is somewhere in the Department of Finance.