Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Caranua Financial Statements 2017

9:00 am

Ms Rachel Downes:

Yes, and that is something we are very mindful of, all of the time. As I mentioned earlier, we do not want to be saying to a person, "You can apply for X, Y and Z", if we know we cannot meet that. It is about ensuring we are not going to a person and asking them to go to the trouble of getting quotes and doing all this work that we require to meet our audit requirements, and then coming back to them to say we have no money. That would put them in a difficult position.

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