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. Joe O'Toole:

When they come before us, with three credit unions seeking to merge - credit unions A, B and C - there will be a process of due diligence for each of them. The due diligence process will immediately show all evidence of impairment and the information will be taken immediately into consideration and shared.