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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

The witnesses are looking at me as if it is a silly question. It is not a silly question. I want the witnesses to explain precisely what €29 billion, a huge amount of taxpayers' money that was put into a private organisation, was used for. I do not want to hear the general term that it was used to recapitalise the bank. The money that was given was used for something. What was it used for?

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