Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Joint Committee on Tourism, Culture, Arts, Sport And Media
Transparency of RTÉ Expenditure of Public Funds and Governance Issues: Discussion (Resumed)
Ms Breda O'Keeffe:
In terms of the barter account, my recollection is that the numbers involved were around €300,000. That is my recollection and I am not saying that is specific. I do not have access to any RTÉ records and neither do I have access to any RTÉ personnel to confirm this but my recollection is that the value was around €300,000 in terms of airtime. That is less than 0.5% of the total airtime. My concern at the time for the organisation was that the commercial targets were reached - €180 million to €200 million - and I worked with Geraldine O’Leary in that regard. On the cost front, budgets were set for each department, including sales, and they had their own budgets. Commercial finance developed those budgets with the commercial department, and as long as they adhered to those budgets and did not run over budget, that was our concern. That is what I mean by financial control from a monetary point of view.
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