Oireachtas Joint and Select Committees

Thursday, 18 April 2019

Public Accounts Committee

Environmental Protection Agency: Financial Statements 2017

9:00 am

Ms Laura Burke:

That is one of the things we did do in the context of the recent situation the Deputy referred to, specifically with regard to the US Treasury sanctions. We consulted our financial advisers and it was determined at that stage that the financial provision we had in place was satisfactory and there was no risk. Where circumstances change, it absolutely needs to be asked whether the criteria on which we base a decision are still valid. "Yes" is the answer to the Deputy's question.

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