Oireachtas Joint and Select Committees

Thursday, 20 September 2018

Public Accounts Committee

Business of Committee

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)
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Yes. The 51% is off the State balance sheet because it is technically in private ownership. It is a great con job. Europe and everyone signed up to that mechanism to get it off the State balance sheet. Logically, it should be part of the State apparatus. It is not on the State balance sheet. I want to raise those types of accounting issues. I know we are about to talk to representatives of NAMA.