Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Okay. If €220,000 is divided among, say, 63 people, that amount to approximately €3,500 per person which is a significant sum. I ask the witness to rethink on that issue. I note that consultants fees amounted to €2.294 million, that the organisation borrowed €2 million and yet in the same period it had €2 million or €3 million or more on deposit. Why would the organisation retain such large cash reserves when it is paying interest of about €33,000 per year and earning about €7,000 on deposit? That does not make financial sense.