Oireachtas Joint and Select Committees
Thursday, 30 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 7 - Office of the Minister for Finance
Finance Accounts 2022
Report on the Accounts of the Public Services 2022
Chapter 1 – Exchequer Financial Outturn for 2022
Chapter 2 – Reporting Ireland’s EU Transactions
Chapter 24 – Performance of the Ireland Apple Escrow Fund
Chapter 25 – Irish Fiscal Advisory Council
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
The previous conversation referred to staff being seconded. Regarding outside professional advice, it is a small country and Dublin is a small town in some ways. Presumably that is an outside firm that the Department brings in. What safeguards are there in terms of advice? In the previous discussion this morning I asked whether we are getting the best value. It is a bit like selling a bullock before it is fully fattened - there is a higher value on it. The banks have become much more profitable. I am not an economist but the evidence is there that they have come back into profitability and are in a better state in terms of the return. The half-yearly profits are substantial. How can Mr. Hogan safeguard against professional advice being given that might skew things against the public interest and in favour of private interests?
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