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

Catherine Connolly: I do not know what Ms Downes is saying, I am sorry. What does €80,000 mean spent on HR?

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

Catherine Connolly: Just to be fair, does that mean the €80,000 went to a consultant or that it went to staff? What does that figure mean?

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

Catherine Connolly: The €80,000.

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

Catherine Connolly: I would appreciate it if that could be verified.

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

Catherine Connolly: Again it is down to €16,000 in 2017. What was that for? Was it more consultancy?

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

Catherine Connolly: Again, Ms Downes might get a list and breakdown of all this in due course. I do not see it here. What is business improvement?

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

Catherine Connolly: I am thinking of the sum of €110 million that is there to go to the most vulnerable as a right once they have a valid application. Then I look at the accounts each year. I know Ms Downes is relatively new. I see business money, I see public relations.

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

Catherine Connolly: I want to get the details of that. I will move on to outstanding cases. The board is going to wind down and will be gone by June, is that right?

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

Catherine Connolly: What contingencies have been made?

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

Catherine Connolly: How many survivors is Caranua working with?

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

Catherine Connolly: Is it exactly 300?

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

Catherine Connolly: We will give them a figure. It is very important to be precise in relation to these-----

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

Catherine Connolly: I ask Ms Downes to stick with me for a moment. How many open applications are there to access what remains of the €110 million, plus interest?

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

Catherine Connolly: Are they all new applications?

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

Catherine Connolly: What is the breakdown?

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

Catherine Connolly: Some 95% are new.

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

Catherine Connolly: I understand, but they are new applications.

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

Catherine Connolly: Therefore, 95% of them have come forward for the first time to Caranua.

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

Catherine Connolly: What is the oldest application?

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

Catherine Connolly: No, the oldest-----

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