Dáil Éireann Debate, Tuesday - 5 July 2016
192. Deputy Jonathan O'Brien asked the Minister for Education and Skills the amount of moneys received by Caranua as interest on money held in accounts by it and the way in which this revenue was spent. [19407/16]
View answerThe previous Government agreed to the use of the cash element of up to €110 million of the congregations' offers to support the work of the Residential Institutions Statutory Fund (now known as Caranua). The Fund is being maintained from an investment account established and managed by the National Treasury Management Agency. Caranua does not manage or maintain an investment account.
