Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Mr. Leo Clancy:

I am trying to give a good reflective answer to the Deputy's question - an honest one. The important thing to remember is we are a financial investor but we are also a development agency. For any of the companies we invest in, we not only have our financial investment - Mr. Sherry will describe how those are governed and how we monitor them - but we also have development advisers working with those companies. We have market advisers working with the companies out in our network around the world and we have a good sense of how the companies are doing. You know, I was with seven or eight of our-----