Oireachtas Joint and Select Committees

Thursday, 27 February 2014

Public Accounts Committee

Payments to Section 39 Companies: Discussion

1:20 pm

Ms Angela Kerins:

No. No director of the organisation, no member of the board of the organisation can take fees in respect of being a member of the board. From time to time - Frank Flannery is not the only person - we engage with companies in which directors have interests. The proper way to deal with this is all activities in which directors are involved are disclosed fully in the accounts. The Deputy will see that in all our accounts. When a director is engaged or in receipt of any fees for service, that is fully disclosed. That is the proper way of dealing with this.

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