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

4:30 pm

Mr. Kieran Wallace:

The Deputy asked about the number of years KPMG had been auditing INBS but I do not know the exact number of years. The entity that currently is INBS is not in liquidation. It has an independent board and there is a Central Bank requirement set down whereby we are not allowed to deal with the affairs of the regulated entities in the course of the liquidation. That entity acts entirely independently of IBRC in liquidation.

Regarding the ---

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