Dáil debates

Thursday, 8 November 2018

Ceisteanna Eile - Other Questions

Dormant Accounts Fund Management

11:40 am

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

It seems that the inflows are very healthy. Every year there is an inflow. In the new year the outflows exceed the inflows. The dormant accounts fund has received €49 million, of which €30 million has been committed. Therefore, the value of uncommitted funds this year has increased by €19 million. Is that a fair summary? The money was intended to be spent on people with disabilities, communities suffering from social and economic deprivation and education, but they are not benefiting from the dormant accounts fund. It must be remembered that it arose from the famous inquiry into the deposit interest retention tax, DIRT. Will the Minister of State confirm that is the position?

Comments

No comments

Log in or join to post a public comment.