Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011
12:20 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
A delegation from the IBRC appeared before the Joint Committee on Finance, Public Expenditure and Reform recently. It appears the directors are now saying that what was regarded as the residual value of Anglo Irish Bank could have been higher. If that were the case, would it afford opportunities in terms of the way the promissory note is constructed vis-à-vis discounted cashflows to reduce the exposure in terms of the value of the promissory note to the State? Does Mr. Corrigan understand what I am asking?
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