Kieran O'Donnell (Limerick East, Fine Gael)

Did the Minister look into the legal structures of the banks in terms of offshore subsidiaries, where those offshore subsidiaries are located and whether there are legal disclosure requirements in respect of those countries? The figure of €120 million as the gross loan book was mentioned by the Minister on a number of occasions. That loan book transpired to be €77 billion. That is a difference of €43 billion. That is a 36% shortfall which is significant and requires explanation.

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