Oireachtas Joint and Select Committees

Wednesday, 21 September 2022

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

Banking Issues: Discussion (Resumed)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I will read the rest of the section in the relationship framework document the Deputy has referred to. It states that "it is likely to create clear and significant reputational issues" - which is why I have been careful in my language regarding assessing the reputational impact of the decision - "for ... the Bank, the Minister or the State and it is outside of the ordinary course of business." That is the rest of the sentence, as the Deputy well knows.

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