Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Okay, thank you. I want to move on to the issue of Project Atlas for a moment there with you, Mr. Burrows. It will just be coming up on the screen there in a moment. This was during your tenure. The Project Atlas report in summary would demonstrate that large exposures and mothballing of developments and landbanks were highlighted in this report. It shows them as issues for Bank of Ireland, showing that the ongoing need for the bank to support such clients in the face of loan to values, interest roll-over and availability of further security. What is your view on PwC's output on this? Would you agree with that?

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