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
4:50 pm
Mr. Ray MacSharry:
Two Ministers have defined it. In the context of what the Deputy has said, a solvent, liquid, low-risk, prudentially run, profitable company, which is a going concern and has the confidence of its stakeholders, is as much in the public interest as it is in the interests of the institution. That was the Minister's response to a question.
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