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

It is important to say that slowly. It is €1.7 billion in the context of us not knowing how many died on the streets since August and a housing and health crisis. It is €1.7 billion on servicing the debt alone for the money borrowed. It is not all of the money used to bail out the bank, just the portion that was borrowed.

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