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:
There is an issue around creating a special purpose vehicle, SPV, so they can use their collective resources to lend, but there is nothing prohibiting them doing that. In some cases, they want the State to take on the risk of paying for and managing the SPV. That is a very different discussion.
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