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

On the issue of transparency and openness, the Department seems to know everything and we know nothing. That is a problem when so much public money is involved. The complexion on this is that the liquidator is paying itself from recoveries and sales. It is writing its own cheque which the Minister signs off after the fact. I know an informal process may exist involving a degree of horse trading on fees but Mr. Carville is telling the committee no direction to reduce fees has been issued to the liquidators. They really pushed the boat out in terms of the bounds of their charitable instincts and give us a rebate of 2.5% on €222 million. I have serious problem with this and I would like to make a further contribution on it.

I reiterate that nothing I have said is personal. Mr. Carville is the conduit on behalf of the Department and I have a job to do on behalf of citizens. He should not take anything personally.