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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
Mr. Rankin stated that the Central Bank created that fund to pay to the then Anglo Irish Bank. As a result of the promissory note being issued, the Central Bank was able to provide advance credit.
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