Oireachtas Joint and Select Committees
Thursday, 3 December 2015
Public Accounts Committee
2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
10:00 am
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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So part of the consultant's brief will be to ensure that whatever reward model is finally decided upon, will be shoehorned somewhere into the FEMPI legislation, but it will achieve its end because it has done already in the context of the Central Bank where people have benefited.
It is a retention description being used in NAMA. I reiterate that we need to urge caution here.