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 can provide that because these are numbers that I think about every day of my working life in the Department. Some €4.7 billion went into the Bank of Ireland. Some €4 billion went into Irish Life and Permanent. Some €20.8 billion, if rounded up, went into AIB. That is €29.4 billion if I remember correctly. The other €35 billion went into what is now IBRC. All we think about every working day in the Department is getting that €29 billion back to the taxpayer.
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