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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".

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

Seán Fleming: That is a liability.

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

Seán Fleming: That is a matter for future Governments to confirm.

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

Seán Fleming: Fáilte Ireland could not possibly give a guarantee for the Government in its financial statements.

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

Seán Fleming: The Estimate every year for Fáilte Ireland will include salaries and pensions due to be paid?

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

Seán Fleming: Payable in the year?

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

Seán Fleming: Did Mr. McCarthy say there were contribution in two schemes?

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

Seán Fleming: Are these separate? Is the €113 million separate?

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

Seán Fleming: Mr. McCarthy might send a note.

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

Seán Fleming: It would be helpful if Mr. McCarthy sends a note, especially as he says there are four different schemes.

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

Seán Fleming: Is it fair to ask Mr. McCarthy these questions, or should we be asking Fáilte Ireland?

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

Seán Fleming: Mr. McCarthy might summarise it.

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

Seán Fleming: We will ask the liaison officer for the Committee of Public Accounts to give us a detailed note on it. Is that agreed? Agreed. I thank Mr. McCarthy. No. 4.6 is the North-South body Tourism Ireland which has been given a clear audit opinion.

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

Seán Fleming: Would that informatin be shown in the financial statements?

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

Seán Fleming: As we did last week, we will ask the secretariat to circulate the full financial statements. Members can then review if they want to raise an issue. No. 4.7 is the Foyle, Carlingford and Irish Lights Commission Loughs Agency which is also a North-South body. It has been given a clear audit opinion. It is noted. I shall move on to discuss the work programme. The updated programme is...

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

Seán Fleming: We will then break for lunch because in fairness we have to have a timescale as people are entitled to a break. On Thursday, 18 October, in the morning, there will be a wrap-up by the Department of Public Expenditure and Reform on its 2017 appropriation accounts, various chapters and accounts for previous years to which we did not get. If members have a particular issue to raise, they...

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