Oireachtas Joint and Select Committees
Thursday, 17 November 2022
Public Accounts Committee
2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
9:30 am
Mr. Des Carville:
There are two separate teams within my division that look after what we euphemistically call "the living banks", and the corollary is obvious. Within the living banks, the Deputy is quite right. We have two investments now, AIB and PTSB, and a three-person team working full time on that project. There are some similarities between what IBRC does and what NAMA does in that they both wind down vehicles selling legacy assets. The same team within my division look after both of those.