Enda Kenny (Mayo, Fine Gael) | Oireachtas source

I thank the Deputy for his questions. As I have already said, having spoken to the Minister for Finance, whose integrity I am sure Deputy Adams does not want to impugn, the Minister changed the framework following concerns expressed to him by his officials. He met with the chairman and chief executive, had the Secretary General of the Department of Finance go further into it, appointed a senior official at assistant secretary level, and made it mandatory that the board of IBRC inform the Department of Finance of any financial transactions of significance. This was not the case prior to that. The framework set up under a previous Administration did not require that, and a specific provision was included that the Department of Finance would not interfere in any commercial activities of the board of IBRC. The Minister changed that.

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