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
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
I am informed that there are three layers of checks in respect of each of these write-downs. I understand there is a board. I also understand that public interest directors are nominated by the Department of Finance. I am trying to work out if that information goes back to the Department of Finance. Does the Minister know about write-downs of this size? What is the influence of the board of directors on the direction of the bank in respect of that policy?
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