Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013

10:00 am

Mr. Derek Moran:

The concerns arising in respect of Blackstone were its appointment without undertaking a procurement process and the reputational issues that arose. In regard to Topaz, the company itself approached the Department to raise the issue of its relationship with IBRC and the issue was resolved subsequent to the liquidation. These concerns emerged through different channels.