Oireachtas Joint and Select Committees

Wednesday, 23 November 2022

Joint Oireachtas Committee on European Union Affairs

European Court of Auditors: Discussion

Mr. Tony Murphy:

I do not know how the instalment figures were arrived at but basically there was a total figure of approximately €900 million, or whatever it was, in pre-financing was split into three. That is the figure given. One of the things we mentioned in our opinion on the BAR was that we saw a risk for the exact reason Deputy Howlin highlighted, namely, that we do not know what the expenditure is until the claim is made in September 2024. That is the first time we will see what projects relate to this money. It is like a payment in advance and not related to a specific expenditure.

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