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. Declan Reid:

On the Apthorp transaction, in particular, I suppose what is reflected in the document is the regular engagement by departmental officials with management and some of the junior management team in IBRC, which led to concerns that escalated to board level and which could be addressed appropriately.