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
11:50 am
Mr. John Corrigan:
My understanding, based on the explanation given to me by senior people in State Street, is that there was no direct personal gain to the people involved in this. It would just have been reflected in the profitability of the business unit concerned. It accrued, ultimately, to State Street.