Oireachtas Joint and Select Committees
Thursday, 19 April 2018
Public Accounts Committee
Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
9:00 am
Mr. Derek Moran:
We got back 25% of their estimate of what will come back to us. If one extrapolates from that, the Exchequer will get back approximately €1 billion from the liquidation. The reason it is coming back in tranches is the liquidators continue to fight a range of legal cases. A total of 120 cases have to be settled before that is finally paid out.
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