Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 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 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Ms Ann Nolan:

There is a large amount of litigation going on in that area, particularly around PTSB. It has been going on for many years. We have won most of the cases. We have won every case that has come for decision but there is a contingent liability because we never know for certain that we are not going to win the next one.