Oireachtas Joint and Select Committees

Wednesday, 5 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Bank of Ireland

3:45 pm

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Independent)
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Maybe it is worth considering.

I have a major concern about the condition of the property market in Ireland. We all know that the insidious relationship between developers, banks and Government landed this country in an extraordinary mess in 2008. One of my key priorities is transparency, particularly when taxpayers' money is involved. I have some questions relating specifically to the Wilbur Ross consortium. That investment was probably a pivotal turning point for Bank of Ireland - would Mr. Boucher agree with that?