Oireachtas Joint and Select Committees

Wednesday, 14 December 2016

Public Accounts Committee

Policy on the Retention of Contemporaneous Notes in the Preparation of Board Minutes: National Asset Management Agency

10:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

The final point takes us back to the reason we started with this query. Mr. Daly is saying that everything of substance was recorded but he made a big issue of the 10% being a major part of the board's discussions and how the board arrived at that figure. If he is saying that everything of substance was recorded and there is no reference to the 10% in the recorded minutes, it leads me to conclude that the board's discussion on using the 10% figure Mr. Daly says was discussed at its meetings was not a very substantial issue. If it had been a substantial issue, reference would have been made to the 10% figure.

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