Oireachtas Joint and Select Committees

Thursday, 13 December 2018

Public Accounts Committee

Business of Committee

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

I have that note in front of me today because I have read on several occasions that the Irish Strategic Investment Fund is a State-backed fund. We do not know if it is backed by the State to the tune of 1% or 99%. We have no concept. It is good PR to put out that it is a State-backed fund. The extent to which it is backed by the State might be substantial or minuscule; I have no idea. We need to know what the State's investment in that fund is.

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