Outgoing Secretary General at the Department of Finance Kevin Cardiff (above) said he found out about the €3.6 billion double entry error in the accounts “last Friday morning”.
Representatives from NTMA found out in “August/September” of 2010 and said they told the Department of Finance.
Cardiff, who signed off on the accounts, has just told the public accounts committee that he still hasn’t a clue how it happened. telling them: “I am puzzled too.”
Watch proceedings live here.
Previously: Kevin Cardiff: The Smartest Guy In The Room
Cardiff to get €276,000 Package (Arthur Beesley, Irish Times, October 8, 2011)
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