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Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: If we have to deal with it sooner, the committee can deal with that. The meeting on 18 October will deal specifically with housing. The Thorn report on the University of Limerick was sent to us some time ago. What is the expected timeline of the report the Comptroller and Auditor General is doing?

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: We might have it here then.

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: By the end of September-----

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: By the end of August?

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: We can expect to see the reports on Limerick and Waterford early in the next term. I think Dr. Richard Thorn is dealing with the Kildare and Wicklow Education and Training Board, ETB.

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: His University of Limerick report is in. We have that already. The Comptroller and Auditor General is doing a separate report on Limerick which we will hopefully have around the end of September. He will have his report on the Waterford Institute of Technology but the report by the Higher Education Authority, HEA, does not seem to be at the stage of being ready for the committee yet. We...

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: Which?

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: Despite the difficulties there.

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: They can be done quickly afterwards if we get to 2015.

Public Accounts Committee: Business of Committee (Resumed) (12 Jul 2018)

Seán Fleming: That is fine. I wanted to put all that on the public record because some people are interested in the work programme.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: We will return to the National Treasury Management Agency. Did Mr. Breen want to comment?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: The original claim?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: I appreciate that. When the meeting is over, I will ask the secretariat to convey that directly to Deputy O'Brien in the event that he does not hear it, so that he is aware of that. Deputy Kelly asked a question. Mr. Breen knows not to mention any names in public. I do not have to remind him of that.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: The point is well made and Mr. Breen is going to release it. Deputies Catherine Murphy, Catherine Connolly and Kate O'Connell had indicated. I will have some questions myself. I will let members in for a second round and I will be working with a set of financial statements.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: To what page are you referring?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: The contract was not renewed in accordance with compliance. That is the company.

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: Who comes up with the names to send to the Minister?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: I am sure we will be here for at least half an hour. I said "at least".

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: Could the witness from the Department of Finance respond because it is not part of the NTMA?

Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
(12 Jul 2018)

Seán Fleming: For the benefit of the Deputy, when we had the Department of Finance in some time ago, we asked that specific question on the ultimate surplus. The representatives from the Department stated it had not made any decision or proposals on the matter. We asked then what were the EU rules in respect of this because the Government's general position is that any money recovered from financial...

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