Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of IBRC: Discussion
12:00 pm
Aideen Hayden (Labour) | Oireachtas source
It seems to me the bank's failure to deal with this issue is costing the taxpayer money. I appreciate that the bank did not take on the Irish Nationwide loan book until 2011. I am sure it is still responsible for what happened earlier. Perhaps the person who was dealing with Irish Nationwide will respond on this point. To what extent has the provision for impairment had to be increased over the past three years?
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