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:

We are confident it is in order but recognising we will shortly commence the 2024 audit and, as soon as that is completed, the 2025 audit. We expect to do further, more fundamental valuations with the time available to us to do that. An asset register is a dynamic thing. It is a statement of the position at the end of 2023. It is a good statement but there would have been additions, deductions, further depreciation and the opportunity to do market valuations, so we expect to see that change accordingly for the-----

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