Oireachtas Joint and Select Committees

Thursday, 21 September 2017

Public Accounts Committee

Business of Committee

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

The Department of Finance and its Accounting Officer are the people who appointed KPMG after what has to be described as not a full public tender. KPMG is certainly capable of this kind of work - of course it is - but this was not a full public tender. The Department basically interviewed the four big firms and chose KPMG. I am not saying there is a major issue with that. I presume there is only a certain number of companies in the world that can handle stuff that big. However, this has implications for taxpayers' money and the Department of Finance officials are the go-to people. That Department, from the 15 or so questions I have asked, is not in control nor is it taking the level of supervisory and hands-on role that it ought to given the moneys involved. Whether there is a surplus, a deficit or whatever, there are implications for the taxpayer and we need to get on it.

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