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

In reality, a whole bundle of short-term investors, which some would describe as vulture funds, have seen an opportunity here underwritten by the State with a return of 12% compound interest rate. Is that not the reality?

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