Oireachtas Joint and Select Committees
Thursday, 23 February 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer
9:30 am
Paul McAuliffe (Dublin North West, Fianna Fail)
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The insurance compensation fund is a public resource. As Deputy Burke says, it was used to defend a case against another party. It would be reasonable to expect that the outcome of the case would be of public interest, both to the Committee of Public Accounts and to the Central Bank. The money came from a fund administered by the Central Bank. I imagine the Central Bank has an interest in the outcome of the case. Does Mr. Molloy know the settlement figure?