Catherine Murphy (Kildare North, Social Democrats)
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Prior to the liquidation, there was a very unhappy relationship between the Department of Finance and the IBRC. I would have thought that there would have been additional scrutiny or an impeccable oversight arrangement, given that these are distressed assets which are essentially owned by the Irish people. Prior to the liquidation, the Department of Finance was highly critical of some very large transactions. This is one area on which it is really important that we follow up. I thank Deputy MacSharry. It is very useful that he has set a framework for what we should do. It is the Minister who has the responsibility. The liquidator has a secondary responsibility in respect of this committee. Am I correct in that?