Oireachtas Joint and Select Committees
Thursday, 1 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Discussion with Bank of Ireland
11:40 am
Michael McNamara (Clare, Labour) | Oireachtas source
In respect of the State shareholding and the necessity for the State to invest in Bank of Ireland to ensure its survival like all the other banks at that time in 2008, since then the State has sought to obtain the former Irish Parliament building in Dublin as a cultural centre. My understanding is that Bank of Ireland has been wholly unco-operative in that regard. Does Mr. Boucher not think that if it was sold at its current market value, even if that is slightly depressed, it would provide an opportunity for the bank to mark the State's support for it by giving that building to the State as a cultural amenity or centre?
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