Oireachtas Joint and Select Committees

Thursday, 14 July 2022

Public Accounts Committee

Business of Committee

9:30 am

Mr. Seamus McCarthy:

If Deputy Murphy remembers the HSE's financial statements, it discloses its share of the contingent liability that is disclosed in the State Claims Agency account. It has a note in the accounts, but it does not make a provision for it. I cannot recall the figure offhand but if, let us say, the value of claims is €4 billion, what we might see is that €3.6 billion of that is reflected as a contingent liability in the HSE financial statements, because ultimately it will be passed back to it.

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