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
Mary Lou McDonald (Dublin Central, Sinn Fein)
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It was done and dusted. Another issue that strikes me is the level of trust or acceptance demonstrated by the Minister in the word of the chairman of IBRC, in particular, and the CEO. I refer the witnesses to the review that was carried out in June. To complete the sequence of events, the Department received an e-mail from a member of the public, alarm bells rang and a meeting was held on 5 April 2012 with the Minister, the chairman of IBRC, Mr. Dukes, the then Secretary General of the Department, Mr. John Moran, and Mr. Michael Torpey. Various matters were discussed and, under the heading of other issues, Mr. Dukes mentioned transactions and relations that were subject to adverse press comment or innuendo and stressed that all such issues were handled on a commercial basis in the best interest of IBRC and the State, and without favour to any party. It is interesting that the chairman raised the issue of these transactions rather than the Minister or the departmental officials.