Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Paul Dobey:

As I mentioned, AIB were very open with us through the process. When AIB issued its interim management statement, it would send it to us. We would comment on it, that would be when it did its half-year accounts, they would send it to us, we would comment on it, we would add disclosures, if we thought they were necessary. In 2008, we added very significant going concern disclosures, so while the accounts are the preserve of the directors, our opinion is on the financial statements, and if there's something that should be in the accounts that we think is not, we will put it in. Or ask AIB to put it in.

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