Oireachtas Joint and Select Committees

Tuesday, 28 May 2019

Committee on Budgetary Oversight

National Broadband Plan: Minister for Public Expenditure and Reform

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The Minister has not really answered the question. Is it not highly possible this consortium could unravel, and therefore do we not carry all the risk anyway? The Minister keeps saying we are capping the risk. How are we doing so? If this consortium goes belly up, the risk will not be capped and we will end up holding the baby, so to speak. Regardless of the structure put in place, how tight the contract is and all the rest of it, it could unravel because this is a private and for-profit consortium whose capacity to do this is, frankly, questionable. There is nothing to stop it falling apart.

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