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 Deputy is describing the fees associated with the establishment of the fund and the defence of the case which are different from the internal management of the fund which is handled by a joint investment committee, made up of the NTMA and Apple. The costs that have been charged to the Exchequer for the Apple case run to something like a cumulative €8.6 million.

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