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

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9:00 am

Mr. Des Carville:

That was negotiated very late in 2013 early 2014 and agreed between the Department, the Minister, the special liquidators and some other professional advisers used by the special liquidators. It was a negotiation. That is how it was agreed.

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