Oireachtas Joint and Select Committees

Thursday, 4 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015

9:00 am

Mr. Phil Meaney:

I would probably not say here that we are a perfect board. As I said in our opening remarks, the man that never made a mistake never made anything. As far as I am concerned, we have managed the business to the best of our ability. We have put in a huge effort. I told the committee the problems that were there when we came in. We cannot magic them away. The problems were there and we had to deal with them. We had to deal with an outstanding IOU of €2.5 million to-----