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

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

I wish I had a few more hours given what I am hearing. I need an interpreter. The board needed to act in the interest of the bank, so it was not suitable, appropriate or financially rewarding to change the promissory notes into bonds at that point. Is that it?

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