Oireachtas Joint and Select Committees

Thursday, 13 October 2022

Public Accounts Committee

2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan

9:30 am

Mr. Mark Griffin:

I will deal with one of the questions and I will ask Mr. Mulligan to come in on the other two. The work on the evaluation of the proposed buy-in by Asterion is well advanced. We would expect that a decision could be made on that in the next number of weeks. We have used our external legal advisers, William Fry and EY, to support that work and we have done our own due diligence on it. That is a decision for the Minister under the contract, so the Minister would be the one who decides whether to proceed or not to proceed. I would expect that, in the next couple of weeks, that decision could be taken.

On the amount that has been contributed from the €223 million, I will ask Mr. Mulligan to deal with that. Any uncommitted amounts, as well as the obligations under the contract if the Asterion deal is approved, would fall to the new structure to deliver, so there is no loss there.

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