Oireachtas Joint and Select Committees

Thursday, 5 November 2020

Public Accounts Committee

2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2019
Chapter 17 - Ireland Apple Escrow Fund

11:30 am

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

I welcome the witnesses. They will be familiar with me raising the IBRC liquidation previously, going back to my interest in having a committee of inspection appointed to the liquidation. It is the biggest liquidation in the history of Europe and has been ongoing since February 2013. I am aware that subsequent to us raising it here that legal cases were brought relating to oversight. I appreciate that the witnesses cannot talk about courts and so forth, but can they give us a status update on that and in terms of oversight of matters such as professional fees and so forth? Having not proceeded with the appointment of a committee of inspection have they, in parallel with ongoing court cases, padded out the level of oversight regarding professional fees?

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