Oireachtas Joint and Select Committees

Thursday, 10 February 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters

9:30 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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This was debated at length over recent years. Before the contract was signed, the expectation was that there would be a high-level cash investment in terms of NBI, which was the only entity at the end with the only tender document. A point of criticism was that it was not possible to challenge it. I do not believe there was an expectation there would be a lot of fluidity regarding the loans and the different investors at that point. How does Mr. Hendrick understand the contract from that point of view?