John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Apologies have been received from Senator Sherlock. During our private meeting earlier we noted the minutes of our meeting on 10 July 2024 and they were agreed. The purpose of this meeting is to undertake pre-legislative scrutiny of the general scheme of the conclusion of IBRC special liquidation and dissolution of NAMA Bill.

I remind everyone of the position regarding privilege. Witnesses who are present on the Leinster House campus are covered by full privilege. Those who are not attending in person may only be covered by partial privilege. Members are reminded of the long-standing parliamentary practice to the effect that they should not comment on, criticise or make charges against any person outside the Houses or an official either by name or in such a way as to make him or her identifiable.

From the Department of Finance I welcome Mr. Des Carville, head of the shareholding and financial advisory division, Ms Aileen Gleeson, principal officer at the shareholding and financial advisory division, Ms Emily King, senior legal adviser, Ms Jane Dooley, assistant principal at the shareholding and financial advisory division and Mr. Oisín McConway, administrative officer at the shareholding and financial advisory division.

We will commence with Mr. Carville's opening statement.