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

Mr. Derek Moran:

The preservation principle abides. They made a determination that the €14.2 billion or whatever the total number was, capital plus interest, and it is a question of trying to make sure, to the greatest extent possible, that that amount is still there at the end. It is a not-for-profit investment fund, if the Deputy knows what I mean.

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