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

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

There is an element of that. There is no doubt in my mind that these transactions are carried out by human beings. These write-downs are delivered by human beings and we are all susceptible to different elements of individuals who stand before us. If a person has celebrity, political power or great influence in the community, those things can have an influence. I am trying to work out if there is a mechanism whereby the bank can proof against that.

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