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Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We have agreed to do that and to seek the report. On a point of clarification, if the Committee of Public Accounts were to suggest that Mr. McCarthy carry out a value-for-money or governance audit, would the report come before us?

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: If a value-for-money matter was contained in the documentation Deputy McDonald has been given, a value-for-money audit could be suggested to Mr. McCarthy and that report would come before us.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We have agreed what to do with this and will move on. If there is no other business, we will ask the witnesses to attend to deal with today's matters.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Deputy McDonald suggested that we should write and ask for the report. When we do so, we could send a transcript of this part of the meeting. Then, we could seek whatever advice is necessary and take it from there, rather than just leave it.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We need to check a number of issues in the report. Deputy McDonald has undertaken to do some work regarding the disclosure made to her. We agree to take the suggestion to the Central Bank, request the report mentioned and include the transcript of this part of the meeting and request a response. It is a starting point.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Deputy McDonald has the information and we do not. The Deputy has raised it now and I am not sure of the legalities around whether we can get access to the documents. That would have to be clarified. We have been informed that we do not have a remit in respect of the Central Bank, even though it is audited by the Comptroller and Auditor General. It is one of the organisations listed in...

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Perhaps we can clarify that before the end of the meeting through a telephone call. Then we can take a decision as to what we will do next.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: The draft report has been circulated. If the Deputy has any amendments, he can tell the clerk later.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: The clerk will include that.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We can do that. The last item in the correspondence relates to the National Asset Management Agency, NAMA, and-----

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Yes, we are.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Yes, I will give way to the Deputy.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We have no confirmation of witnesses for that day, but it is a day on which we can invite witnesses. We are working on it.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: A number of Departments can be invited on that day. If the Deputy has a suggestion, by all means make it.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: It is a number of months.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: Okay, we can check on that. I was going to mention something for the same date. We were dealing with an issue involving Castlemartyr and NAMA, and we have not received a response on that. I am not advocating for whatever is happening there but I just want an update on it. We could get a response from the Revenue Commissioners, but not from NAMA. Should we not get a response from NAMA we...

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: No.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We have not been consulted.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We can schedule a meeting if you wish. We commence our next term on 21 January, but we can certainly meet a week before that. I am sure members will not mind. We can determine who is available for 21 January and we have suggested NAMA or the Revenue Commissioners.

Public Accounts Committee: Business of Committee (10 Dec 2015)

John McGuinness: We can.

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