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:
Again, if I can talk in hypothetical terms, any contract like this, particularly for a very large job like this, would be keenly negotiated between the two parties. I think it prejudices our position if we were to make that available because the next person doing something broadly similar would just look for the best possible terms and then try to chip us on other terms. That becomes a downward spiral for us.
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