Oireachtas Joint and Select Committees

Thursday, 11 December 2014

Public Accounts Committee

Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013

12:20 pm

Mr. Joe O'Toole:

One of the reasons the restructuring board is being so coy in working with this issue is that we agree with the point that this is a good news story. Members have seen the difficulty we have had in the past hour explaining this good news story. This is the reason we want to manage the release of this. When the figures have been finalised and cleared by the Minister and Department, this will clearly be seen as a very good news story in terms of what it is saving.