Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
3:30 pm
Stephen Donnelly (Wicklow, Independent)
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I am sorry to cut across Mr. Wallace. My question is about his suitability rather than the process. KPMG was the auditor of the Irish Nationwide Building Society and gave it a clean bill of health. Mr. Wallace has said he has no experience in selling loan books and he clearly has no elected mandate to look after the public interest. In the context of those three facts, does he believe it is appropriate for him to make decisions that so seriously affect tens of thousands of Irish men, women or children?