Oireachtas Joint and Select Committees

Thursday, 15 November 2018

Public Accounts Committee

Business of Committee

9:00 am

Mr. Seamus McCarthy:

We raised that in the second section 226 report which the Chair already discussed with NAMA. We said that it was a concern that it was taking assurances at face value. The same discussion can be had with Revenue. That creates a significant declaration and it is a legally important declaration. It is a control process that is not insignificant but verification or standing up of matters is obviously important.