Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John McDonnell:
We have no role in determining the ... in advising management on the wisdom of their business model or, indeed, of the wisdom of entering into particular lending strategies. What we do do is we select a sample of loans and we, on foot of our audit work on those loans, we would look at the collateral supporting those loans, but only in the context of the determination of impairment.
No comments