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 Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

That may or may not be the case. Mr. O'Keeffe mentioned full disclosure. How does the bank determine full disclosure? Does it go to court? Does it use legal procedures? How does it know whether a person in a different position, perhaps with large borrowings, who might be asked by the bank about his or her liabilities and assets, is telling the truth?

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