Oireachtas Joint and Select Committees

Thursday, 28 June 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Sale of Promissory Note Bonds: Discussion

9:30 am

Mr. Diarmuid O'Flynn:

It is certainly something we support. We elect people to look after these matters. It is not something we get involved in. Personally, I find it absolutely extraordinary that it could happen. As the Deputy said, the Dáil can examine line by line what is proposed to be spent in a budget but a Minister for Finance can still do what the Deputy described. It does not stop at €31 billion because no limit or figure is set, which means any amount can be committed by a Minister. Absolutely, the matter should be examined.

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