Oireachtas Joint and Select Committees
Thursday, 17 October 2019
Public Accounts Committee
Caranua Financial Statements 2017
9:00 am
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
When we multiple €13,000 by 300, we get approximately €4 million. Caranua will have €8 million in funds between now and its wind-down. Based on the cases to date, the average payment is €13,000 per case. Caranua has received 11,500 applications. Some payments will be higher than €13,000 and some will be lower. However, if the average remains roughly as it is, what will happen to the other €4 million?
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