Oireachtas Joint and Select Committees

Thursday, 23 February 2023

Public Accounts Committee

Business of Committee

9:30 am

Mr. Seamus McCarthy:

I have no specific update on that matter. Obviously the two persons appointed will need to become involved with the process of finalisation of the financial statements. We will certainly move pretty quickly to sign off on our side but they will have to, presumably, take time to understand the issues because they have got to set out a comprehensive statement on internal control and the implications of some of the issues that have arisen. They do need a bit of time to sort through that. The accountable person, of course, in all of this is the chief executive and not the board. That said, the financial statements really need to be completed before the committee would be in a position to meaningfully examine what is going on there.