Paul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source

To assist, I wish to focus on two areas, the Apple escrow account and the Irish Water transactions.

Questions were asked about the overall fund's decline between 2018 and 2019. A political point might be that one would wonder how there is anything left in the account given the number of times Opposition politicians have asked that it be spent. With regard to the decreasing balance, I believe there is a figure of €209 million for the transfer and €56 million for investment losses, administration and taxation. On the investment losses, I heard the contributions on whether the moneys should be on deposit or in an escrow account but a loss of €37 million is a loss of €37 million in an investment strategy. It could amount to nearly €100 million if it lasted for over three years. What is being done to address that? Why was the loss so acute between May 2019 and December 2019? The figure is €60 million.