Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Business of Committee

9:00 am

Mr. Seamus McCarthy:

As I reported in the special report, my understanding is that the auditors are giving an assurance that the estimate of cost has been prepared in accordance with the framework that was set down in 1973 or 1975. They are not giving an assurance that there is no cross-subsidisation. All they are saying is that it has been prepared as agreed.