Oireachtas Joint and Select Committees

Thursday, 7 March 2013

Public Accounts Committee

2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions

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12:10 pm

Ms Ann Nolan:

It is difficult to tell with absolute certainty whether that is the case. Our best estimate from the information available to us before we put it into liquidation is that it would just about break even, that the value would be about equal to the value of the loans.

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