Oireachtas Joint and Select Committees

Wednesday, 15 February 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

1:30 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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It has been reported that the report being drawn up by the Public Accounts Committee will be highly critical of the Department of Finance, and indeed the Minister's own position, in respect of the engagement with Cerberus before the closing bid. It has been reported that it will describe it as flawed and unable to demonstrate that it was good value for the State. There has been an agreement to set up a commission of investigation. The question I have for the Minister is how prepared is the Department of Finance, and indeed is the Minister of Finance himself, to engage with that commission of investigation, the terms of reference of which will obviously require them to do so? What pressure or strain, if any, will dealing with that commission put on his Department alongside the other challenges that it has? Can the Minister speak to us in the context of the resources that the committee is allocating to his Department at this point in time?