Oireachtas Joint and Select Committees
Thursday, 13 February 2014
Public Accounts Committee
2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 28 - Accounts of the National Treasury Management Agency
Chapter 29 - Clinical Indemnity Scheme
2012 Annual Report and Accounts - National Pensions Reserve Fund
2:30 am
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
In the report produced by the UK's financial regulator, there were comments from the staff which clearly showed they were looking to, for want of a better phrase, take the Irish State for a bit of a mug, because they were coming up with concoctions which effectively arose where they took a discount off the sale price. When they returned the sale price, they effectively hid the fees in a reduced sale price. Instead of saying the sale price was €2, they were saying one had got a sale price was €1.98.
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