Oireachtas Joint and Select Committees

Thursday, 20 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

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

1:45 pm

Dr. Michael Somers:

What shocked me when I took up my appointment was the size of the loans which came before the board for consideration. Only loans in excess of €750 million came before the board for consideration, which shocked me. I thought many of the smaller loans would go before the board for consideration.

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