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Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: Well then what is the problem?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I think it is appropriate to have this discussion. I know we have eight minutes because the bell has just started to ring, and I will be in possession afterwards. I have a problem if, after a Committee of Public Accounts meeting, the Chair and the secretariat or whoever, another person, not me anyway, sits down and decides to cherry-pick from the transcript what we seek and what we do not...

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I thank the Chairman. Before we suspended we were talking about the stuff that came up when Mr. Carville was in the last day and I made a number of suggestions. In particular, I asked if we could see the contract with the special liquidator even in private session. The Chairman pointed out it was possible for us to view documents in private session which would not be published. Mr....

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: So we will be able to get those minutes.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: In the contract.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: Will Mr. Moran come back to us on that-----

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: -----even if it is not in the letter?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: Could we see the contract in private session? It is hugely frustrating that in parliamentary questions and committee meetings two reasons are given. One is legal advice and the other is commercial sensitivity. We all have our individual definitions of commercial sensitivity. It seems to be the Department can procure whatever legal advice it is looking for. If I want legal advice to say...

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I hear Mr. Moran and I find it hugely frustrating because-----

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: -----if and when Mr. Moran is down in the Law Library having to answer that question it will cost somebody €40,000 to ask him the question and it will cost the Department €40,000 to answer it.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I genuinely mean it. I know it is highly unusual but it is not somebody looking for money or compensation. They are possibly coming from a good place in terms of public advocacy. The committee has said it would like to discuss it in private. Legal representatives talk through the back channels regularly. Maybe it is something that could be looked at. If it saves people money and leads...

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: Yes. It is reasonably safe to assume it is more than that.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: It is obviously a huge amount of money. My concern with a committee of inspection - I appreciate Mr. Moran will say he cannot answer this but I want to put it on the record again - is there are a number of people in the Department responsible for the liquidation. This was the biggest liquidation in the history of the State and it probably compares reasonably well in size to some of the...

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: We do not have this. We just have a situation whereby the Minister has powers to issue directions. However, we established the last day that no such directions have been issued, and Mr. Carville suggested I was stretching it to conclude this did not mean there were any queries on fees or numbers of hours. One of my key questions the last day was if the Department is being billed for three...

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I have reason to believe that it was received by the Office of the Chief State Solicitor. Perhaps Mr. Moran does not know this.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: Absolutely. Perhaps it could all be avoided. This is frustrating. We will have to come back to it, either after the case concludes or if the committee decides to make an attempt to facilitate it, and it would be good for all if we could do this. I will move on to another issue. The Valuation Office has expenditure of approximately €10.5 million.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: Yes.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: The witnesses from that Department have left.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I will have a quick look at my notes and I can leave this-----

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
(19 Apr 2018)

Marc MacSharry: I will leave it then, and Mr. Moran will come back to me on several issues raised on the previous occasion, or tell us what we cannot have if he states we cannot have it. When is it proposed that we speak in private about the proposal I made?

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