Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John McDonnell:

We would look at the minutes in the context ... in two contexts: one, to ensure that there was appropriate governance, and it's governance in the context of the audit of set of financial statements, to ensure that there are appropriate committees and those committees are looking at aspects of the accounting statements and, secondly, and another prime focus of our look, would be to consider any impacts that these have on impairment. So where these minutes have detailed application to the calculation of impairment, then we would look at them and they would direct our work.

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