Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dargan Fitzgerald:

Yes, well as a matter of fact, and I just brought the figures with me, as a matter of fact, in the 2007 year, our materiality was calculated at €7.3 million. And, in 2008, we reduced it very explicitly and deliberately to €2.7 million.

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