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
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I just wanted to clarify that because I was not clear on it during the discussion.
My next question relates to paragraphs 4.39 and 4.4 of the Comptroller and Auditor General's report. This makes reference to a communication from the bank to the NTMA which arose from a review of transitions undertaken in 2010 and 2011. It was determined that the bank acted as a reckless principal in connection with the liquidation of certain National Pensions Reserve Fund, NPRF, shares in transition No. 14. Is this issue separate from the clipping issue we discussed, or is it the same?
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