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

Photo of James O'ConnorJames O'Connor (Cork East, Fianna Fail) | Oireachtas source

The reason I bring it up is what happened companies like Nokia when the sector changed. It was a world leader. Nobody thought it could be taken down from where it was and circumstances changed very in that landscape. All of a sudden, it was not the company it once was. I worry about banking as one of those traditional foundation stones of the world economy and how it is changing. It is concerning when we see a rise in different aspects of the financial services world.

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