Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland: Allied Irish Banks

2:00 pm

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael) | Oireachtas source

According to media reports, there is an unconfirmed suggestion that the Government is considering an appeals mechanism, potentially through the courts or, perhaps, some other arbitration body. What is the view of the bank on that? Does it believe it would be unconstitutional in light of its ownership of the asset? How would it affect the bank's ability to retain or recoup owed moneys that could not otherwise be recouped?

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