Oireachtas Joint and Select Committees

Thursday, 22 November 2012

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011

11:00 am

Mr. John Corrigan:

In relation to the Chairman's first question, we understand a number of people have exited the relevant units. The circumstances of their exit are not fully clear to us and we understand legal challenges are being mounted to their exit, although not necessarily in the case of all three individuals concerned. Whether the matter rests there, I can only speculate, which brings us back to the FSA report. While we have not pressed the FSA, in light of this discussion and the Chairman's comments, we will press it on the matter.