Oireachtas Joint and Select Committees

Thursday, 24 November 2022

Public Accounts Committee

Financial Statements 2021: National Lottery Fund

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

In 2015, it was €15.7 million; in 2016, it was €17.3 million; in 2017, it was €18.8 million; in 2018, it €20.6 million; in 2019, it was €22.6 million; and in 2020, it was €24.7 million. The investment in the national lottery is performing very well for members of the pension scheme. There is substantial money there. The borrowing is at 9%, which seems an extremely high rate.

Is the Office of the National Lottery Regulator aware that in 2017, according to the figure I have on which I am open to correction, an €84.6 million dividend was paid to shareholders?

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