Oireachtas Joint and Select Committees

Tuesday, 18 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

Mr. Brian McEnery:

I think we said that we have gained a lot from the interactions with the Comptroller and Auditor General since 2009. It would be wrong of us not to say that and to fail to fully acknowledge the fact that the Comptroller and Auditor General has been part of the journey of the National Asset Management Agency in its systems development and improvement. I am an accountant, and I believe there are aspects of the report, and the methodologies around the report, which, frankly, I would have gone about differently. For example, I would have met the board members because the Comptroller and Auditor General alludes in his report - and his submission on 29 September - that he had to rely on the minutes. There were only seven of us. He could have met us and we would have to tried outline the position. Fundamentally, we have got a lot of significant and positive advice and guidance from the Comptroller and Auditor General over the years.