Oireachtas Joint and Select Committees

Thursday, 10 February 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

Okay. I take it that is unsecured. In reality, the State has ponied up for between €2.6 billion and €2.7 billion. We know that. I do not have time to go into it now but previous questions and commitments regarding milestones turned out to be very different in terms of penalties. Assurances other Deputies and I got on the floor of the Dáil got in 2018 and 2019 were about the risk. Mr. Kelly mentioned the risk in response to a number of the Deputies. He and Mr. Hendrick leaned on this a lot. I would contend that where the State has put up funding in excess of €2.6 billion, in reality there is very little risk.

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