Oireachtas Joint and Select Committees
Tuesday, 22 July 2025
Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach
Engagement with the NTMA on Matters Relating to its Operation
2:00 am
Mr. Ian Black:
It can be higher than €5 million, but the average is €5 million. We have carried out a look-back review to ensure that we are satisfied with the previous capital call payments. To give the Deputy context, we have never experienced this type of issue with our payments before. It is an isolated event. In 2024, we made payments of €500 billion and received €500 billion to keep the account at zero. We had zero errors in those payments. That is going back all the way and up until now.
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