Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

The key issue of concern to a number of Deputies is over conflicts of interest. Themodus operandiis that no institution will be involved in scrutinising itself. That is why the judge is involved. It is not a question of KPMG investigating 30 transactions. If KPMG has a perceived or actual conflict of interest, some other forensic accountants will be brought in to carry out that piece of the review and it is the role of the High Court judge to monitor the transactions.

My commitment is to send the report to the relevant committees of the House of the Oireachtas. I presume the committees will discuss it and we will see what is necessary after that but I will not pre-commit because the review has just commenced and we will wait for the results before we take further steps. The information will be shared with the relevant committees and if the Deputy is on one of those committees, he will be able to have his say on what happens next.

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