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. Gary Hynds:
We cannot get into the detail of the cost of liquidation but secured creditors were ahead of those creditors. Some €14 billion held by NAMA has already been repaid.
Their work encompassed repaying all of that debt and the contingent liability-----