Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011
11:50 am
Mr. John Corrigan:
That is a reasonable speculation. I do not know whether the compensation actually increased or prospectively increased. In other words, was the pay-out under whatever incentivisation arrangements applied to be made over the longer term, and did the discovery of this event put paid to the triggering of that? I do not know the answer to that question. There was no direct personal gain to the individuals but Deputy Donohoe is right in speculating that there could have been indirect gain. I do not dispute that.
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