Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Public Accounts Committee
National Transport Authority - Financial Statement 2011
10:50 am
Shane Ross (Dublin South, Independent)
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CIE can do what it likes outside the remit of the National Transport Authority and it will be given €265 million. Is that the case? What is Mr. Murphy's view of the CIE accounts? Despite the pantomime that has been the company's accounts this year and every other year, the NTA is giving it €265 million? Why does it not refuse to give this money until CIE puts its accounts in order? The National Transport Authority granted CIE a fare increase very easily and gave it €265 million, despite the company being unable to keep its house in order and its auditors having qualified the company's accounts. The National Transport Authority is a kind of sugar daddy. What is Mr. Murphy's view of CIE's inability to produce accounts on time?