Oireachtas Joint and Select Committees

Thursday, 17 January 2019

Public Accounts Committee

Business of Committee

9:00 am

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

Many of them have been there since 2002. The last one on the list was 2009, which is ten years ago. We will ask why there was such a time lag but it is ten years since the last one was implemented. We will note and publish that, and we will write to the HEA on that basis for further information in regard to the service provided.

The next item is No. 1815 concerning the Strategic Banking Corporation of Ireland providing information requested by the committee in regard to SBCI, how much it has provided through the banks and how much is provided through non-bank on-lenders. The correspondent states that the information provided in the appendix is commercially sensitive as it concerns amounts provided to different banks. I propose that we publish the letter on our website but that we do not publish the appendix because it contains this commercially sensitive information. The person has requested that. He said the attached appendix 1 sets out details of SBCI's current lending relationship and the facilities provided to those on-lenders, and some of the details are commercially sensitive. Obviously, there is competition between all of these financial institutions. SBCI has asked that it be deemed confidential and not be published or circulated to a wider audience. We can circulate the letter, which will not give the specifics that the committee had sought. At least the members of the committee have the answer.

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