Oireachtas Joint and Select Committees

Thursday, 14 October 2021

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
Chapter 9 - Remediation of Landfill Sites

9:30 am

Mr. Mark Griffin:

The objective of the board is to ensure that it fulfils a contract the State has awarded to it. That is the single purpose of NBI. I expect all members of the board to have a singular focus on that and that board members, whether they are the Minister's nominee, the other two non-executive directors or the others put into that other pool, are absolutely focused on that. I expect all members to have robust exchanges and to act in the interest of the company's objective, which is to deliver broadband across Ireland.

A separate piece I will say on this is that, as part of the project agreement, we have a requirement that the board of NBI should function in accordance with best-in-class corporate governance standards. That is something that is part of our governance oversight that we will review on a regular basis. We already have work under way with Ernst & Young, which is one of our contractors, to look at that particular issue and see how the board is measuring up relative to the sort of standards we expect of boards operating in this sector.

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