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:
That was the view taken then. With respect, the Deputy has the luxury of being able to look at it in hindsight and see how things played out subsequently. At that point, the policy decision was taken to rescue the Irish banking system through the injection of €64 billion, or €66 billion if it is grossed up, into the system.
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