Oireachtas Joint and Select Committees
Thursday, 20 April 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed)
9:30 am
Colm Burke (Cork North Central, Fine Gael)
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That was available. It was July of last year and yet it is not even in any statement we have received. I have had to ask two questions to get it. Our job here is to make sure there is accountability to the taxpayer and to our constituents. Why could we not have received that information previously? I fully understand the issues in relation to the courts. There still seems to be, in accordance with the article that referenced that sum of €54 million, an issue about costs being taken out of that €54 million for bringing the case. I need to know what is the net figure. I have done my calculation. It is 5.88% of the total loss to the taxpayer. Will it now be 3%?