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Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: I welcome everybody back after the summer recess. It is the first time the witnesses have been back before the committee. As an opening remark, I am here as an elected representative to represent the public and how public moneys are spent. In that regard, the questions I will ask will require "Yes" or "No" answers or very concise answers. I ask the witnesses to bear in mind that I have 15...

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: In that case, there would not have been any voluntary package, severance or anything being paid to Mr. Collins. Is that correct?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: At the same time, the question is that if it was a resignation there would not be any form of gratuity or voluntary package. It is a resignation. Is that not normal?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Okay. I am not asking Mr. Bakhurst for details. Will Mr. Collins be receiving moneys from RTÉ other than his salary?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: I think the public will probably draw their own conclusion and-----

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Well-----

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: I asked Mr. Bakhurst not to run down the clock. The reality is-----

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Stop the clock, please.

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Well it does in this case. I asked whether Mr. Collins will receive moneys other than his salary. It is a "Yes" or "No" answer.

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: RTÉ is coming to the Government cap in hand, looking for interim funding. I am here as an elected representative - I have already stated this - in order to ascertain whether RTÉ is mending its hand as to what we have seen for the past four months. That is why the question is relevant. It is not personal, even to Mr. Collins. Rather, it is about how RTÉ will spend the money...

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: The public can draw their own conclusion, Chair. Mr. Bakhurst will have heard in the budget that RTÉ is getting €16 million. When he appeared before the Joint Committee on Tourism, Culture, Arts, Sport and Media last month, he said a sum of €34.5 million in interim funding would be required. How much cash does RTÉ have on reserve?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Does Mr. Bakhurst have a figure?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: A sum of €68 million at the end of August. How long does RTÉ expect that money to last?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Into when, though?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Okay. Can Mr. Fives tell the committee what capital is required monthly to run RTÉ?

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: If we break that down monthly-----

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: The expenses vary over income.

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Okay. At the outset, RTÉ has done an analysis of how long that money should last if it does not get any more money.

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Are there monthly losses? Are there months where losses are recorded over-----

Public Accounts Committee: Appropriation and Expenditure of Public Moneys by RTÉ (Resumed): Discussion (12 Oct 2023)

Verona Murphy: Would they be more frequent than profit?

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