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Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I thank Mr. McCarthy and invite Mr. Griffin to make his opening statement.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: Thank you Mr. Griffin. Deputy Devlin is first, with 15 minutes. He will be followed by Deputy Dillon.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I ask Mr. Nugent to respond briefly.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I ask Mr. Nugent to respond but to do so in such a way as not to prejudice any matters that may arise.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I call Deputy Catherine Murphy.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: Mr. Ó hÓbáin should be brief.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: To tease out the question fully, how many new-investor representatives will there be on the board if 80% is bought?

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: That leaves three representing 20%.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: They would not have a say?

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: Does that not mean vulnerability in terms of the control of the board?

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: The Minister is a big investor. The Minister is putting in taxpayers’ money.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: He is putting in 87% or 88% of the cash.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: Who are the two independent directors?

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: Were they appointed by the Minister?

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: NBI, where the private investors have a majority of eight to one, appoints the two independent investors.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: That would question their independence.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I am not doubting that. I am referring to the fact that the board of NBI makes the decision. That is the only point I am making. I am not calling into question the integrity of the two people. I am just saying I would have concerns about the arrangement.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I think a figure is provided in that regard.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: I thank Mr. Griffin. The figure for next year is about 80,000 to 85,000, to answer the specific question for the Deputy.

Public Accounts Committee: 2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
2021 Report of the Comptroller and Auditor General - Chapter 9: Implementation of the National Broadband Plan
(13 Oct 2022)

Brian Stanley: We will now break for ten minutes.

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