Dáil debates

Tuesday, 21 April 2015

3:55 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

The Taoiseach read out the existing mandatory framework. It is a very important point. The officials from the Department of Finance told the management of IBRC that it was to act as if the framework relationship that came into place two weeks later was already in place, which meant that it should have been notified because it considered a loss of over €100 million. The Taoiseach should put that on the record.

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