Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

Mr. Des Carville:

When the bank was liquidated in February 2013, the Department took responsibility for the bank and the realisation of assets from that point on. As to what happened before that, certainly I have no knowledge or information on that. We took over assets of €21 billion at par value at that point. The liquidators have been realising those assets, and as I said, we are now down to about ten assets yet to be realised.

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