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

See the whole debate « Previous speaker Next speaker »

11:30 am

Mr. Derek Moran:

The State had to make a loan of approximately €1 billion in respect of the failure of Quinn Insurance, and a levy is repaying that over time. That money has been coming in, and on current estimates, it could be approximately another 10 years before that is repaid.

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