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Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: I ask for a note on that. Very quickly-----

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Does the person in question have use of the site?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: For what purpose?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Can I put something else to Mr. Moran?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: What is the current value of that site?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: These are the questions-----

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: I would have no great issue-----

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: With regard to proper due diligence on the part of the Department - it was the communications Department at the time - if there were going to be difficulties with the sale, it would be normal practice to draw up an agreement to the effect that rent would be charged at a reduced rate until the sale was completed. I think it is a legitimate question. Am I correct in my understanding that...

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Am I correct in my understanding that the rental income is approximately €1 million per annum?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: That means two years of rental income has been billed retrospectively. I assume that happened in the period when the Department was doing up the asset registers.

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: How much of that rent is still outstanding?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Okay.

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Is that the €5 million?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Just 3% of the €2 million that was billed in arrears is outstanding. Is that correct?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: What is the total?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Does the Department have any possibility of getting that money back?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: My understanding is that €5 million is outstanding at the moment overall. How much of that is still due to be collected?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Am I correct?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Yes.

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Some €5 million was owed to the centre in June 2013. A bad debt provision of €3 million has been set against this. Am I correct in that assessment?

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