Oireachtas Joint and Select Committees

Thursday, 14 December 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Paradise Papers (Resumed): Allied Irish Banks

9:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael)
Link to this: Individually | In context | Oireachtas source

I welcome Mr. Byrne and Ms Dooley. We are here today to discuss the Paradise Papers. I want to deal with that. Mr. Byrne's presentation was very short. I have no doubt brevity is the soul of wit but his presentation was particularly concise. What we have read in the media is a lot more expansive.

Mr. Byrne mentioned that £2.458 billion was the amount in 2008. What was the peak? We are looking at 1977 and 1981. What did deposits peak at in terms of offshoring in the Isle of Man and Jersey? What level did they peak at? What was the absolute highest?