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

12:50 pm

Photo of Shane RossShane Ross (Dublin South, Independent) | Oireachtas source

Mr. Corrigan has given us a picture so we can assume that certain people apart from Dr. Somers are getting pensions of more than €200,000. It is pretty generous. I worry about the opaqueness with which Mr. Corrigan is confronting us. It is something we should dig deeper into. I do not understand why we cannot have more information. It would give us more confidence in the NTMA. The only people who are getting these sorts of salaries are the bankers. I worry that we cannot dig into this and find out, first of all, precisely what people are getting and, second, whether they are worthwhile, particularly as they are not recruited in the market.

What is the advantage to the NTMA of having NAMA as part of the family?

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