Oireachtas Joint and Select Committees
Thursday, 5 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund
11:30 am
Mr. Derek Moran:
The Deputy referred to the scale of the fund. We tend to see the big number of €14.2 billion and the run-offs on that. This is small, but I agree with the Deputy that this should have been caught at an earlier stage. It is small in the overall context but given the nature of the level of advice available to the fund, one would think it would have been caught earlier.