Oireachtas Joint and Select Committees

Thursday, 14 December 2017

Public Accounts Committee

2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation

9:00 am

Mr. Des Carville:

Perhaps. We are speculating. I do not know. I am not going to predict or show my hand in respect of how we will defend the litigation. What I said in my letter of 12 December was that I had requested the special liquidators to accompany me to the meeting. They told me that, in light of developments, they would not be attending. In hindsight, perhaps I could have worded this is a bit more clearly. For the avoidance of doubt, we did not instruct the special liquidators not to attend.