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
Catherine Connolly (Galway West, Independent) | Oireachtas source
That is what I am coming to. I have outlined what happened for myself and for people who are listening. I have not simplified things too much and I have only mentioned one bank. We can fast-forward to 2013 and the liquidation process, which triggered the process to turn the promissory notes into bonds. I ask the witnesses to explain that.
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