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
Mr. Gary Hynds:
It was mentioned that there are 119 legal cases. At present, 32 or 33 of them are before the courts. Four of those are large cases. As Mr. Carville mentioned, we have a much greater focus on such cases. We were also asked about the monetary claims in those cases. It is not possible to quantify that at this stage because statements of claim have not been received in many cases.
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