Oireachtas Joint and Select Committees

Tuesday, 28 May 2019

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

Matters Relating to the Banking Sector (Resumed): Pensions and Investment Research Consultants Ltd

Mr. Cormac Butler:

It is. The only thing I can do is to recommend that the Senator reads the article of 4 November in the Financial Times. It gives an indication of a bank recording an accounting profit where it has transferred €300 million to Mazars, which is effectively a loss.

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