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. Des Carville:

I should also say that everyone shares information within my division so we can draw on people as and when we need to. If, for example, there is a crisis issue at IBRC - a big issue - I have the ability to move resources around and we do that from time to time. When working on the AIB IPO for example, I will move people from within my division to work exclusively on that; it just depends on where the issues are.

The litigation case is - for the avoidance of any doubt - their case is handled by the special liquidators and their legal advisers, not handled by the Department of Finance.

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