Oireachtas Joint and Select Committees
Thursday, 14 December 2017
Public Accounts Committee
2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation
9:00 am
Mr. Des Carville:
Having come from the private sector to the public sector I recognise the responsibility in the public sector. We have the ability to impose legislation, provided the Oireachtas approves it. If I or my colleagues felt that we were missing something or that the IBRC Act was somehow deficient with the benefit of hindsight because it was done at a particular point in time it would be incumbent on us to put our hands up and say that we think that additional powers are required. We are not in that place, and we do not believe additional powers are required.
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