Oireachtas Joint and Select Committees
Tuesday, 21 September 2021
Public Accounts Committee
Business of Committee
11:00 am
Mr. Seamus McCarthy:
The fees that are mentioned in the letter from the Secretary General do not go through any account that I audit.
They are being met, as I understand it, from the resources of the bank itself. That is standard enough in conducting a liquidation. As I said, the fees do not appear in any of the accounts that are part of my audit remit and therefore I cannot give any assurance on the operational controls, limitations, sanctions or whatever.
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