Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Public Accounts Committee

Strategic Banking Corporation of Ireland: Financial Statements 2019

9:30 am

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

To give us a sense of this scheme, which appears to have been a success in that it is almost fully utilised in terms of drawdown and participants seem to have had a very good record of paying back, why fix something that is not broken? Why not reinvest the money that has been paid back into a similar type of loan scheme?

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