Oireachtas Joint and Select Committees
Wednesday, 19 December 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB
3:50 pm
Kieran O'Donnell (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
Under the 2008 Act the Minister has the right to appoint persons to observe all meetings. How many from the Department of Finance or the Central Bank have attended meetings of the board, the remuneration committee and audit committee? Our role here is to monitor the charge on the public purse. Originally €4 billion was put into the bank, €1.3 billion of which was returned through the sale, but €2.7 billion remains. Will Mr. MacSharry tell me about the people appointed to observe all meetings?