Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector: Central Bank of Ireland

2:00 pm

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour) | Oireachtas source

If this is Professor Honohan's last meeting, I think we should record our appreciation. He has done the State some considerable service since his appointment and it would be appropriate for this committee to acknowledge that. Professor Honohan made reference to the tracker contract being uniquely expensive to bank shareholders. That is obviously the case. Why has it been so costly to the State?

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