Oireachtas Joint and Select Committees

Thursday, 19 April 2018

Public Accounts Committee

Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council

9:00 am

Mr. Seamus McCarthy:

A substantial part of the pensions reserve fund was effectively invested in the banks but three years ago, it was transferred into an investment fund so the remnant of it is still there and they still have ownership of our share of the banks.

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