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 do not have time to discuss all the banks. I was focusing on that one. I am shuddering at what has happened as a result of bailing out that bank and other banks in the manner in which we did. To this day we are still struggling to get accountability for the liquidation of one bank and the costs. Deputy MacSharry has gone into this in detail. People are dying on our streets and a decision was made to bail out a bank that should never have been bailed out. Does that not cause the witness to shudder?

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