Oireachtas Joint and Select Committees
Thursday, 10 October 2019
Public Accounts Committee
2018 Financial Statements of the National Transport Authority
9:00 am
Imelda Munster (Louth, Sinn Fein) | Oireachtas source
Clearly, in the next five years, if it turns out that it has made a profit, it will be for itself, including if it is not reinvesting in infrastructure or anything else, although it is in receipt of PSO funding which is State funding. If the company, for example, was to win a second five-year contract after the first five-year period and was well into profit, would we continue to pump PSO and public money into such a company when it was in profit, keeping all of the profits to itself and not reinvesting?
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