Oireachtas Joint and Select Committees
Thursday, 5 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund
11:30 am
Imelda Munster (Louth, Sinn Fein) | Oireachtas source
The report referred to the mandate of the escrow account whereby investment managers must preserve the fund's capital to the greatest extent possible. To me, that appears to slightly differ from the normal investment manager's mandate. One would imagine that it would be to grow the fund's capital, not just merely preserve it. Is that the case?
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