Oireachtas Joint and Select Committees

Thursday, 17 December 2020

Public Accounts Committee

Caranua: Financial Statements 2019

11:30 am

Photo of Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source

I am a new enough member of this committee but I have to say that with all the other witnesses who have come before us, when questions were asked we got detailed answers. I have not found that today. There has been a lot of the witnesses saying that they will come back to us or that they do not have information to hand, not just in response to my contribution but to those of others as well. I am a bit surprised by that because from our perspective, Caranua will be wound down from March, although that may be extended, so this is our opportunity on behalf of not only the survivors but the public to question certain elements.

Nobody is casting aspersions on any individual here. We are just asking questions about how the fund was operated. On that basis - and Ms Hynes from the Department might be able to come back in on this - when is this legislation on the wind-down of Caranua anticipated to come before the Houses? Equally, because the list of correspondence that Ms Downes is going to come back to us on is getting longer and longer as the meeting goes on, I suggest that we might analyse that, Chairman, and then examine it again as a committee, certainly prior to March because we may have follow-on questions.


No comments

Log in or join to post a public comment.