Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Could I ask, in relation to your previous profession of accounting, how did auditors of Irish banks miss so much? We had evidence here of banks being solvent in June 2008 and into Brian Cowen's office a few weeks later, looking for €64 billion. Do you think auditing standards in Ireland are high enough in banks?

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