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
Paschal Donohoe (Dublin Central, Fine Gael)
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Which makes up the €3 million we have been discussing. That is fine. I just wanted to clarify that.
My colleagues have discussed the fact that this bank continues to be involved in another element of business with the NTMA. How acceptable does Mr. Corrigan think that is? I understand completely that he is waiting for the result from the FSA and that he needs to do that. He used the phrase "collusion within the organisation". If he suspects a business unit of a particular organisation of collusion why does he believe it acceptable to engage with that organisation in any aspect of business?