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Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: I thank Ms Downes. With regard to page 29 of the accounts, I wish to ask a few practical questions. I am sure Ms Downes will be able to clear this up quickly. Cancelled payments recoverable comprise quite a sizeable sum. Could Ms Downes explain what that means?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Does Caranua have a breakdown of the cancelled payments?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: The Chair might get that for us.

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: The Chair might take a note of this. We might come back to it and decide before the end of the meeting. I am trying to establish the position on these cancelled payments. Might they be where somebody got a cheque for €1,000 or €15,000 but did not spend it, for one reason or another?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: How many of them died?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Does Ms Downes have a breakdown? It is a very sizeable sum and its not being spent should be a very positive story.

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: It would be recycled.

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: No, let us be clear. I am talking about the person who gets the money, not about recycling to somebody else.

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Very good. Ms Downes will have a breakdown for us. She will be able to see how many people-----

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: At this moment, can Ms Downes tell me how many-----

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: If I said €400,000 or €100,000 was not spent, we would not know at this point whether------

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: It is important, given the length of time it took to process applications. Would that have been considered?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Yes.

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: The breakdown would be very important. I have a practical question. The 2017 accounts were signed off on 13 December 2018. Is that normal? Why did it take a year to-----

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Why was there a delay?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: When would Ms Downes have expected those to come before the board as a matter of good practice?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: That is what is important, is that right?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Where did the delay arise in respect of the December meeting of the board approving it?

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Ms Downes will have to clarify for me.

Public Accounts Committee: Caranua Financial Statements 2017 (17 Oct 2019)

Catherine Connolly: Again I do not want to go into a personal matter but the previous year, when did the accounts come before the board?

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