Oireachtas Joint and Select Committees

Thursday, 8 May 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012

12:55 pm

Mr. John Moran:

We had, but it may also be that it was shareholders saying their asset had gone up very considerably in value, they are happy with the performance of the management team and they do not think it is important enough to destabilise the team by starting to look for pay cuts in a scenario in which we had already got that as compensation.

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