Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

10:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I am trying to get clarity on the overall figures. The estimated liability in INBS when it was recapitalised through the promissory note was of the order of €5.4 billion. As regards that element of the IBRC, is it anticipated that that cost will be broadly correct?

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