16 Dec 2020, 16.40
The Committee of Public Accounts (PAC) will meet tomorrow, Thursday, 17 December, with representatives of Caranua, formerly known as the Residential Institutions Statutory Fund Board, to consider its 2019 Financial Statements.
Chaired by Deputy Brian Stanley, the meeting at 11.30am in Committee Room 3 of Leinster House will hear from:
- Seamus McCarthy, Comptroller and Auditor General;
- Representatives of Caranua,Rachel Downes, CEO, Sinead Dwyer, Director of Services, Michael Fitzpatrick, Director of Finance & Corporate Governance, and Jane Merrigan, Head of Communications & Engagement; and
- Officials from the Department of Education,Catherine Hynes, Principal Officer, and Hugh Geoghegan, Assistant Principal.
Deputy Stanley said: “Caranua was set up in 2013 to manage a limited fund of €110 million, transferred from religious congregations, to assist people who as children experienced abuse and neglect in institutions managed by religious congregations on behalf of the State. Survivors who received awards from the Residential Institutions Redress Board, the courts or direct settlement with a religious body were eligible to apply to the fund for support.
“Latest figures show that Caranua has paid out €97 million to more than 6,100 eligible survivors to address their current needs and improve their well-being through funding for approved services in housing, health and education that are not readily available through public bodies. Another €13 million was used in the operation of the fund.
“The Board is now being wound down as most of its work is complete and the Committee looks forward to discussing this process and the 2019 Financial Statements with representatives of Caranua and the Department.”
The PAC is a standing committee of Dáil Éireann which focuses on ensuring public services are run efficiently and achieve value for money.
The meeting in Committee Room 3 can be viewed live on Oireachtas TV.
Committee proceedings can also be viewed on the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.