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 Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Essentially, it went out to the market to look for additional investors because some investors were not going to be there for the long haul. We are talking about fairly expensive money here - double digits. The only reason this is of concern is because of the stability of the funding in the future. Does the Department look at the investors who have withdrawn with as much due diligence as the ones seeking to invest?

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