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

12:30 pm

Mr. Bobby McVeigh:

The Deputy is absolutely correct, but the 16 credit unions may not be involved in restructuring with the restructuring board, ReBo. There may be only two or three of them involved. If they are, we will certainly know every aspect. We cannot say unequivocally that the 16 credit unions are involved in a restructuring project, as we do not know.