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Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: When it was before the Committee of Public Accounts last month, Home Building Finance Ireland confirmed that the average rent for a one-bedroom apartment under the scheme would be €1,800 per month. It would be €2,100 for a two-bedroom apartment and - wait for it - €3,100 for a three-bedroom apartment. One has to ask the question, who the hell are these apartments for?...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: Who are those apartments for? If one can afford those prices-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: They probably still do not, because there are not many who can afford those sorts of prices. It comes back again to the distortion of the market. The Department said earlier that its remit was to avoid distorting the market. My question is about taxpayers funding the distortion of the market when we have to subsidise it.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: I want to specifically speak about it. It also confirmed to the committee last month that the expected unit price of a property funded through their momentum fund was €485,000. This is a ridiculous waste of public money that could have been used for social or cost rental-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: Does Mr. Carville consider that cost affordable?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: No, we are talking about this particular aspect of it-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: -----which is publicly subsidised, and the question was that it said that-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: Right. I am quoting the figures that it gave us when it was last in. Was it not supposed to finance small builders who wanted to build affordable homes for people the length and breadth of the country?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: Okay. I just wanted to ask the question. Our committee has been advised by Home Building Finance Ireland of a percentage-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: -----of properties constructed under the momentum fund that have gone into the rental market. They were 52% more expensive than those built without the momentum fund. How would the Department explain that?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
(5 May 2022)

Imelda Munster: Hold on. I am asking a particular question. How is that something built through the momentum fund is 52% more expensive as opposed to units built without the momentum fund? How is that value for money? How is that not distorting the market? Why are we subsidising that?

National Maternity Hospital: Statements (12 May 2022)

Imelda Munster: It is amazing what a mess can be created by certain governments attempting to build hospitals. Fine Gael helped by Fianna Fáil has already made a fine mess of the financing of the national children's hospital. Now we have the current debacle with the new national maternity hospital. The main problem with the national maternity hospital is ambiguity. We all know the dangers of...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: Ms Harney said earlier that everyone was delighted with the Dunnes Stores acquisition. Can the committee get a copy of the minutes of the governing authority meeting where the acquisition was discussed and approved?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: That is great. I want to touch on the external investigation of HR issues, the McKenna report. Will the witnesses confirm that UL had or has a director of strategy or strategic alliance?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: When was that position created?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: Okay. And was that position publicly advertised?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: Great. What was the other position that was referred to? There was one of corporate strategy. What was the other one?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: What positions were appointed and were not advertised?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: Right. Can the witnesses explain that to me? That was one that was not publicly advertised.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Imelda Munster: The Comptroller and Auditor General report-----

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