Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013

10:00 am

Ms Ann Nolan:

I am not sure exactly what the concerns were. It was concerned about the way it was being dealt with and security of fuel supply, which obviously is very important because it has the contract for Dublin Airport. We made sure it was talking to the right people in IBRC. In the event, I think it was a little concerned that its loan would be sold. It was not sold by the board of IBRC but was sold later by the liquidator.