Oireachtas Joint and Select Committees
Thursday, 28 September 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank
9:45 am
Mr. Des McCarthy:
In terms of the ongoing review, the accounting rules are quite clear that in order to take a provision one must have a reliable estimate of what the damage and the retribution will be. As Mr. Verbraeken has said, we still have not come to a final determination on the numbers either of the people who have been affected by the review or the amount of compensation and redress for those people.
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