Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Public Accounts Committee
2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018
9:00 am
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
When we come to that I will let the Comptroller and Auditor General in. We all know the big black hole was caused primarily by the IBRC, that is, Anglo Irish Bank and Irish Nationwide. I ask the Comptroller and Auditor General to flesh out the figures for the other banks.
The black hole is concentrated within those two banks: IBRC which includes Irish Nationwide Building Society and Anglo Irish Bank. The other two, to a significant extent, have been repaying the original investment to the State. I want to indicate that pen picture.
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