Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017
9:00 am
Seán Fleming (Laois, Fianna Fail)
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It was never a rainy day fund. It was specifically to provide for pensions, but then it became used for the first element of the bailout and then to buy the bank shares. It was never an investment like this portfolio. It was for pensions only.