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
Catherine Murphy (Kildare North, Social Democrats)
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It had an oversight function in regard to IBRC before that. Documents I received relating to that period indicate that several very large transactions were poorly executed. The Department did not cover itself in glory in respect of its supervision in that regard. Mr. Hynds can understand why consideration might have been given to ensuring some added protection, even for the Department. Was that considered?