Oireachtas Joint and Select Committees

Wednesday, 17 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

1:55 am

Mr. Peter Nyberg:

Three and a half years have elapsed so I do not remember the details.

The general picture which emerged was that the auditors were quite keen on checking up on the technical details of the internal workings of the bank. There was nothing in the published audit which mentioned them; it was more in the management letters and other such internal communications. If I remember correctly, these issues were usually corrected afterwards. I do not really remember the details, although I think it would be safe for me to answer if I remembered them.