Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Mr. Conor O'Kelly:

There was a full open EU procurement process. The position was similar in the case of our escrow agent and custodian, Bank of New York Mellon. That is the custodian and there are three investment managers. We can monitor their performance, which we do daily, and can change the manager if necessary but all were done on open procurement basis.