Oireachtas Joint and Select Committees

Thursday, 13 April 2017

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

Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Outside consultants were brought in to do proper due diligence on the liquidity ratios, among other things. It came back with the figure of 40% liquidity. Why did the witness deem it necessary to resign the following morning? Why was a meeting with the CEO and the accounting department not called to sit down and discuss it?

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