Oireachtas Joint and Select Committees

Thursday, 19 January 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Statement of Strategy 2017: Department of Finance

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

When the managing director of Ulster Bank was in attendance at a previous meeting of this committee, I raised a case in which a tranche of funding was transferred from Ulster Bank to Goldman Sachs. There was an attempt to push out the owners, but they were obliged to go to court, which was very expensive, because the threshold was over €3 million. Does Mr. Hogan believe the €3 million threshold should be raised?

Comments

No comments

Log in or join to post a public comment.