Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

3:50 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

There will be stress tests in all institutions next year and if the bank dips into its capital it will be questionable whether it can meet the stress test criteria. Can Mr. MacSharry say that the burden of the €2.7 billion financial cliff that the bank faces next April will not in any way, shape or form be borne by Irish taxpayers?

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