Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Public Accounts Committee

2013 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 2013
Chapter 2 - Government Debt and Finance Accounts 2013

10:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Reading the document and even given the fact that it refers to what happened in a moment in time, it appears that the IBRC board did what it wanted to do and bullied the Department.

It certainly did not allow the Department the scope I would have expected in the context of the Department's remit to look after taxpayers' money and examine the governance issues in a bank such as IBRC, for which we were responsible. That is from where the concern comes.

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