Oireachtas Joint and Select Committees

Thursday, 14 June 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters Relating to the Banking Sector: Permanent TSB

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I may come back to the sale to vulture funds in a minute, but I want to move. To be clear, I do not believe that Mr. Masding obfuscated. He answered the question. He defended the bank, his decision and the board's decision. That is what I mean when I say that I believe that is his form. It is not that he did not answer the question. The expected response from him is what I got, which was not acknowledging that the decision was wrong.

I refer to the question that I have posed repeatedly to Mr. Masding and to his colleagues who hold senior positions within the banks on how all of this happened. Has he figured out who was responsible within the bank? I refer to the sum of €58 million, more than €40 million of which was taken wrongly from customers' accounts.

Comments

No comments

Log in or join to post a public comment.