Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Sorry, I meant to ... so I'll let you get it there first. That said, just quoting, "there has been a significant deterioration in the quality of the Property and Construction loan portfolio", continued later, "Given the concentration of advances to the Property and Construction sector in the [Republic of Ireland] division, we are carrying out extensive loan review procedures on this portfolio." Did KPMG ever perform a review on the valuations received for assets offered as security and were KPMG satisfied with the valuation policy?
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