Oireachtas Joint and Select Committees

Thursday, 26 January 2017

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

Business and Banking: Discussion.

10:00 am

Ms Jackie Lavin:

It came out of the business. It came from property sales etc. that happened afterwards. There was sufficient money from the property sales. Even in the week in which we were put into receivership, we completed two sales. One was a property in Wicklow and we had another property in Ennis. Sales had been completed and there was cash coming into the company all the time.

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