Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

4:10 pm

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I do not accept that, given that the entire bill to the taxpayer is €64 billion and may end up at €75 billion. The same set of accountants were involved, with PricewaterhouseCoopers auditing the Bank of Ireland, Ernst & Young auditing EBS and Anglo Irish Bank, and KPMG auditing Allied Irish Banks and Irish Life & Permanent, Postbank Ireland Limited and the Irish Nationwide Building Society. All of them are under scrutiny by the authority in charge of regulating the area. People are their CVs and when there are CVs like this, they should not have been on the list.

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