Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013

10:00 am

Ms Ann Nolan:

To be honest, none of the suggestions around Siteserv suggest a regulatory failure. The issue is whether it did a bad deal - whether a better one could have been done. That said, we meet the regulator very regularly, fortnightly or monthly, once a month at the moment. Any issues it has with any of the banks could be brought up, and IBRC would always be mentioned at those meetings.

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