Oireachtas Joint and Select Committees
Tuesday, 9 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB
Mr. Jeremy Masding:
On the scale of the fine, Mr. Masding has just said that his bank will enter into a mature conversation with the CBI. Surely the CBI will determine what the fine is and that the bank, the guilty party in this case, will just have to accept it? Is Mr. Masding suggesting that there will be a mature conversation between the CBI and the bank as to how heavy the bank should be fined given its conduct over the past number of years?