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

3:10 am

Mr. John Corrigan:

The position is that we had responsibility briefly at one stage for the State's financial involvement in the banks. We set up a banking unit, staffed appropriately, to deal with that. That unit is now seconded to the Department of Finance and the responsibility for the issues that the Deputy has understandably raised reside with that Department. The Department has the assistance of the banking unit, whose staff are NTMA staff but who are on secondment to it. I do not have any direct involvement in it.

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