Families: Probe how funds were invested

Families acting as wards of court for relatives with serious injuries have called for a full “look back” review of how their funds were invested by the State after claims that some of their compensation suffered severe “depletions” due to the economic crash.

A spokesperson for the individuals, who have asked for their identities to be kept secret but are willing to meet with the Dáil public accounts committee privately to discuss the concerns, made the comments in response to a detailed report into the issue by the cross-party group.

Speaking to the Irish Examiner, a mother for one of the people affected said she and other members of the group are pleased with the PAC’s call for the funds to be independently assessed by the Comptroller & Auditor General in the future.