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Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We will come to that matter. I suggest that we allow the last speaker, Deputy Kelly, to comment and then Mr. McCarthy will comment. Deputy Kelly indicated a wish to comment.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Exactly. Can Mr. McCarthy briefly explain where we are with the reports?

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Is that in the weeks ahead?

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: But then it has to go to the Minister.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: When will we have it, hopefully?

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: On the McLoone report, we will contact the HEA and ask for an immediate response early in the week, not just next Wednesday night and we have discussed the response. We need to hear the current position early in the week. In terms of the issue that Deputy Cullinane has raised, the Chairman of the Committee of Public Accounts has to stand four-square with any member who has been attacked...

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: What does the Deputy not agree with?

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We will discuss it as part of-----

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We are coming to how we will do-----

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We might not.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: We will discuss it in a moment. There is also No. 1626, a letter from Deputy Kelly requesting a copy of the resignation letter of Dr. Graham Love, chief executive officer of the HEA. We will ask the secretariat to follow up on this request. I have seen media reports but I have not seen his letter.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Is Mr. Love an Accounting Officer?

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: In view of the fact he is an accountable person to this committee, the committee will write and ask for a copy of that because it is directly relevant to the work of the Committee of Public Accounts. We ask for the letter especially as he has a reporting function to the committee. The next item is statements of account received from the last meeting and I have a short list. The first...

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Yes.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: The Deputy should not worry; he will be paid.

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Is Mr. McCarthy saying that because there are contributions and it is a managed fund, there is a fund of €113 million that they are not recording as an asset?

Public Accounts Committee: Business of Committee (11 Oct 2018)

Seán Fleming: Mr. McCarthy used the word "asset" in relation to the €113 million. Could he explain that? He is saying it is a liability, but he used the word "asset".

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