Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

I welcome our guests from the NTMA and thank them for all the information provided. I cannot say that I understand all of it but I have tried to read it. They have provided the information and it is up to us to ask the questions.

I am seeking clarity on matters relating to rent, which I raised on the previous occasion. I refer to pages 111 and 113. The NTMA indicated that there were no breaks in the leases but according to what is stated on page. 113, the leases go on until 2026 and 2027. Is there parallel leasing? We are going into a new building. Will Mr. O'Kelly give me the details and cost of that? In parallel, the NTMA is retaining the old building because it has leases right up to 2027. What is the cost of that? Do some of those buildings remain empty? Does the NTMA plan to sublet some of them?

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