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

4:40 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Fine Gael) | Oireachtas source

We did multiple reporting in ICC as a matter of course, giving all the breakdowns of the ledgers and how many days. We knew it every month. The information was at the tip of our fingers right through the 1980s crisis. We knew what was going on and what has been going on since. Let us talk in ordinary around-the-table language. Let us forget this sort of stuff. The witnesses can come in and say that the size of their balance sheet is €40 billion, which includes insurance.

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