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
Of course not, but Ms Downes is not giving me an explanation. Based on Caranua's experience to date and its administrative costs, it should cost approximately €4 million to deal with the final 300 cases if they are similar to the previous several thousand cases, which they should be. Did Caranua close it off too late? I will ask the chairman of the board. Let us say Caranua makes average payments in these cases and pays out €4 million. If it ends up with €2 million unspent, where will it go? Will it go to the children's hospital?
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