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 our earlier engagement with NBI, it confirmed that it thought these investors would be involved in the short term for, say, three to seven years. Is there any concern within the Department that these short-term investments have a high yield in terms of, as outlined earlier, a 12% compound interest rate. Would that be of concern?

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