Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Public Accounts Committee
2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions
11:50 am
Mr. John Moran:
I cannot give the Deputy a guarantee on that because it is ultimately a decision that the Government must take. While it is very important for any shareholder, what we have said is that it is particularly important that while the State is a shareholder in the banks, the banks' management find ways to return the banks to profitability and be very careful about the levels of remuneration they pay.