Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

The Deputy is right, but it is more extensive than that. The Comptroller and Auditor General produces an annual report, which goes to the Government and is published before the Dáil. It produces quarterly reports. Some of the Comptroller and Auditor General staff are embedded in NAMA and can review matters on an ongoing basis. Obviously the Comptroller and Auditor General holds NAMA accountable, as does the Committee of Public Accounts, but I am also subject to parliamentary questions on NAMA. There are a lot of streams of accountability other than the oversight of the Comptroller and Auditor General and the Committee of Public Accounts, but that is the primary and ultimate forum for accountability in my view.

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