Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Public Accounts Committee
2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions
11:50 am
Ms Ann Nolan:
No, other than to say that there is a relatively small number of liquidators with sufficient size and spread internationally to be able to handle the IBRC liquidation. We were choosing from among a relatively small number of firms, all of which have in some way or another some connections with some of the existing banks, Ireland being what it is. It was a question of a choice that was made.