Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

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

Banking Issues: Discussion

Mr. Jim O'Keeffe:

In fairness, this was very clearly discussed at the previous meeting. We took away from that meeting our commitment that we would have an open mind on how we would go about it, as Dr. Hunt referred, to the point that we want to deal with these issues in an open and transparent manner. We have engaged. There is a third party operating with that grouping at the moment on their behalf. We have engaged extensively with that. To open out the process, we have also agreed a process of mediation in that regard. I understood from the work we have been doing, and we have been monitoring this very closely, that the agents on the other side were pleased with the progress we were making and the appointment of the mediator, etc. We felt that would give transparency and openness to the process to deal with it as a group and progress it quickly.