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Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: I appreciate that.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Does the board have a view that it has decided to recommend change, albeit that it has no authority?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Can I recommend that the board might discuss it and maybe make a recommendation in advance of the change in October?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: I note that 14 of the 18 people are legal professionals. Only four are from other walks of life and there is only one accountant. Does Mr. Ryan believe the board has adequate expertise to manage the service with such a budget?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: It is about money at the end of the day. The board is not presiding over court cases. The board is managing a business, in effect, on behalf of the State. Does the board have adequate expertise for that? There are 14 people with legal expertise. They would probably best say how a court case should go in terms of interpretation of evidence. However, in terms of managing the business of...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: There is no accountant on the finance committee. Is that unusual?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Is that wise?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: He is not a member of the board but he attends the finance committee. Is that correct?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Therefore, there is no board representative with financial expertise on the finance committee.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Again, I call on the board to look at that.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Perhaps the broad expertise might be there. I want to move on to wards of court. Can Mr. Ryan explain for the record how much money is in control of the Courts Service on behalf of individuals who are wards of court?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: What are the other funds, other than for wards of court?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: They are similar situations where the beneficiaries were third parties. Is that correct?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Who manages the fund?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: The firm is free to invest according to its best guess. Is that correct?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Who is on the investment committee?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Who is that?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: Is that a position that the board tenders to try to get someone in?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: We have three legal people on a committee but no financial expertise determining how best to invest €1.5 billion of people's money. Is that a fair comment?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service
(13 Jul 2017)

Marc MacSharry: I am a little confused. Of the 11 people, there are three judges, who will not have any financial expertise. Who are the other eight?

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