Oireachtas Joint and Select Committees
Thursday, 2 March 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Debt Write-down and Debt Resolution Policies: Allied Irish Banks
Mr. Jim O'Keeffe:
As I said, we disclose overall the amount we write off in our annual financial statements. As the Deputy knows, we are before that next week but we felt it was better to come before the committee as quickly as possible regarding this item. The key assurance I can give the Deputy is that any of those 1,900 loans, regardless of whether they involved €1 million, €2 million €3 million or €4 million were subject to the same consistent policy application. There were no special deals involving those 1,900 loans.
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