Oireachtas Joint and Select Committees

Wednesday, 28 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Earlier Professor Kane said there was an incentive for banks to hide their losses and it would be fraud if they did, plus how they would hide soft information from auditors. Is it also the case, from his experience, that banks worked hand-in-glove with auditors to hide it from time to time? Was it simply doing that separately from auditors?

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