Matt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

I welcome Mr. Moran and his team. I will take up where he finished and thank all his staff and everybody in the Department who have been working during what has been a very challenging six or seven months at this stage.

There is a lot of interest, as Mr. Moran knows, in the Apple escrow account and how it is managed. The sums of money involved are beyond people's imaginations. They are so massive that there is a public interest in understanding how they operate. One of the areas of particular interest is the issue regarding the fact that payments of approximately €9 million were paid to investment managers, escrow agents and custodians. That is a huge amount of money. There was an issue about the VAT payment, I understand, that resulted in payment being deferred and made late. Why were those payments not made on time? Did the fund incur any interest or penalty charges as a result of the error?