Oireachtas Joint and Select Committees

Thursday, 31 January 2019

Public Accounts Committee

Business of Committee

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Deputy MacSharry raised the issue of the Irish Bank Resolution Corporation, IBRC, last year. There was to be some engagement but there was a court action. It was the largest company liquidation in the history of the State and a committee of oversight was being sought. Has there been any movement on this? I introduced legislation, for which I got into a bit of trouble, to extend the powers of the Comptroller and Auditor General to have oversight of IBRC. A court case was also taken to have oversight. A significant amount of money is involved. The Department of Finance has oversight, which is unusual.

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