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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 have a few wrap-up questions to ask but I can ask them later if there are members who would like to come in at this point.

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: Pardon?

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 waited to ask my questions when everyone else had had an opportunity to speak.

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: Okay.

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: Does Deputy Connolly want to come in?

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 not finished but I will pull back and allow in anyone who wants to speak. I will allow Deputy O'Connell now followed by Deputy Connolly.

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: In what age group are these people now?

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: They are no older than 60.

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: It has taken all this time. Is there any statute of limitations involved in this?

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 have to wait until people are 65 to tell them that. Are many of the claims not proceeding due to all these medical assessments saying that it cannot be proved that thalidomide is the cause?

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 NTMA is not covered by 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: An action by a German company should not decide-----

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: Is it in the NTMA's interest-----

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: Mr. Breen is telling us that the German company will be walking off the pitch quite soon.

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: If the NTMA does not get it solved soon, we will end up paying it all rather than getting a share of the-----

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: Where is that case in the courts? Is it before the High Court or the Supreme Court?

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: It could possibly go to the Supreme Court.

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: While the Deputy was out, we asked about the cases relating to in-cell sanitation in prisons. Mr. Breen indicated that there is one case before the Supreme Court and that this will be a key element. When that is dealt with by the Supreme Court, the 1,635 can then be dealt with one way or the other.

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: Sometimes we have to wait for just one case to come through the system.

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 have some final questions. I refer to page 12 of the information notes the witnesses submitted. Representatives from the Department of Finance were before the committee a while ago. People think the country is fine - and it is - but we forget about the debt. It does not cross people's kitchen table, so to speak, and they do not think about it. However, as a person from the Department...

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