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

Mr. Bernard Byrne:

My main objective and the thing I can really handle is what we do today and what we have done for the past number of years. We can give colour and flavour but what happened in history happened in history and we can in no way control or influence what that was. We ended up with a very dramatic event in 2010, which was the entire recapitalisation of what was a bankrupt institution at that point in time and a complete change going forward. My main objective is to convince the committee of what has happened since then. We can talk about and comment on the history but I have no ability to influence or control it.