‘Satisfied That Appropriate Safeguards Are In Place’

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From top: Social Democrats TD Catherine Murphy; Minister for Communications Richard Bruton; David McCourt with Taoiseach Leo Varadkar at a Science Foundation of Ireland event in new York, March 2018; KPMG logo

Social Democrats TD Catherine Murphy recently tabled a question for the Minister for Communications Richard Bruton.

She asked if his department had engaged KPMG in relation to the National Broadband Plan -which is also being engaged by Granahan McCourt, the preferred bidder for the NBP.

In a written response yesterday, Mr Bruton said:

KPMG Ireland was one of a number of advisors appointed by my department to provide specialist advice and services in relation to the National Broadband Plan (NBP), following a competitive tender process in 2015.

KPMG continues to provide advice and services to my department in relation to the NBP.

This include specialist commercial and financial advice; review of commercial operator plans, the procurement process and supporting documents, and preparation of commercial/financial provisions of the NBP contract.

My department is aware that KPMG Ireland performs the statutory audit of and provides tax advice to, Granahan McCourt Dublin (Ireland) Limited and my department is satisfied that appropriate safeguards are in place.

This includes the audit and tax services being provided by different teams within KPMG Ireland and no contact between the teams with regard to the NBP advisory services.

Last month, in response to a question from Sinn Féin TD Jonathan O’Brien, Mr Bruton said his department had paid KPMG €11,475,285 for consultancy work it carried out in respect of the NBP since June 2015.

Ms Murphy’s question in full was:

To ask the Minister for Communications, Climate Action and Environment if he has engaged a company (details supplied) on aspects of the National Broadband Plan; if so, if he continues to engage the company; if the company is also engaged by the preferred bidder; and if he will make a statement on the matter.

Previously: The KPMG Connection

2 thoughts on “‘Satisfied That Appropriate Safeguards Are In Place’

  1. eoin

    Jebus, KPMG on both sides of the transaction (again!).

    A transaction that’s set to cost €3bn, up from €500m six months ago.

    It’s just so sleazy.

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