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
I want to know about the decision-making procedure behind it and why it happened. I want to know about the outstanding promissory notes, which did not become bonds. Most, but not all, of the promissory notes became bonds as a result of the IBRC going into liquidation. Is that correct? It triggered that process.
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