Oireachtas Joint and Select Committees
Thursday, 20 April 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed)
9:30 am
Mr. Gabriel Makhlouf:
I did and I am about to answer it. We implemented a philosophy we adopt in the bank which is that when we identify a mistake we own it, fix it and learn from it. Everyone involved in that process has adopted that philosophy and accepts responsibility for their individual parts in it and have worked to fix it.