Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Caranua Financial Statements 2017

9:00 am

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

Yes. As the letter says, €3.07 million of this cash is required to achieve the statutory maximum contribution of €110 million for Caranua, as provided in section 43 of the Act. Any additional contributions will go to the children's hospital. At this time, the amount in question is €430,000. The Presentation Brothers have advised the Department that an additional voluntary cash contribution totalling €1 million will be paid during 2020 and 2021 and that will go to the children's hospital. Is that definite?

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