Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Maybe just to round that off ... It's just on the issue of valuation. How was the expertise gathered or was ... and applied in AIB with applying valuations? It's one thing to give a loan to somebody's capacity to be able to pay it back, but a valuation has to be put on what's been purchased as well. How, what was the expertise like around the valuations?

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