Oireachtas Joint and Select Committees

Thursday, 17 October 2019

Public Accounts Committee

Caranua Financial Statements 2017

9:00 am

Mr. David O?Callaghan:

Perhaps I could assist. As chairman of the board, I was directly involved in that. It is true that there were moneys outstanding and I wrote to the Minister at the time in May 2018. We were concerned at that stage but we have got reassurances since. We never reached a situation where we ran out of money.