Oireachtas Joint and Select Committees
Thursday, 21 July 2016
Public Accounts Committee
2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 24 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2015
9:00 am
Mr. Conor O'Kelly:
Yes, I believe so. I am very comfortable that value for money has been achieved. They have to pass those tests and they are quite rigorous. Finding a way to give that kind of transparency to this committee and to the public is probably something we should try to do. Each project has its own board and there will be an independent Accounting Officer on that.
There also will be a member of the sponsoring Department on it. Consequently, there is transparency: they are all signing off; they are all seeing the value for money. There is some comfort in that but ultimately, finding a way to demonstrate that would be helpful.