Oireachtas Joint and Select Committees

Thursday, 22 June 2017

Public Accounts Committee

University College Cork and University of Limerick: Financial Statements

9:00 am

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
Link to this: Individually | In context | Oireachtas source

Fine. Ultimately, what I am driving at here is the statement made by the president of UCC at the beginning that no public funds were used in this matter. Let us consider the pot of money that this college has with 47%, including IMI as part of the family. Ultimately, the taxpayer will end up funding 47% of the loan.