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 Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source

I welcome our witnesses. I thank them for their presentation and the slides they provided in advance of today's meeting. I have a few questions on foot of that. Based on when SBCI was initially established I understand that a loss of more than €5.2 million has been incurred up to 2019. Is there a bad debt provision for the SBCI and if not, why not?

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