Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

If I can move you to the going concern position for the end of 2008. And again, KPMG referred to ... that this was a completely different experience. They had to consult with the regulator, with the Department of Finance, with the Central Bank, with everybody. That it was an "unprecedented" was the word they used. And that's pages 125 to 126 of KPMG’s evidence from last week.

And, again, I want to know whether that was a similar experience with Bank of Ireland. Was it unprecedented? Was there any change in the way that you signed off on the going concern issues in relation to Bank of Ireland for 2008?

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