Oireachtas Joint and Select Committees
Thursday, 20 November 2025
Public Accounts Committee
Exceptional Funding of the Peter McVerry Trust: Discussion
2:00 am
Mr. Tony O'Brien:
The sampling is in relation to valuations but we are clear that the property register is complete. The set of accounts that the committee received this week reflects an asset register in terms of properties and leasehold properties, etc., that has been reconstructed from the ground up. Therefore, it captures the totality of the property portfolio in all the different categories. The sampling is a process that we will complete, during the 2024 and 2025 audits, around fair market valuation. This is a cyclical thing that ought to be done regularly. It had not been done in the past and so we are on the journey of completing that. The Deputy was asking some questions related to that process.
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