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
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
That is the point I was making.
I will turn to the NAMA side of it. Am I correct in my understanding of the Comptroller and Auditor General's report - perhaps Mr. Harkness can help me with this - that the gross cost of capitalising the banks was €66.8 billion? Is that separate from the €31.8 billion that was then given to the banks to basically take the bad loans?
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