Seanad debates
Wednesday, 6 February 2013
Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages
8:00 pm
Darragh O'Brien (Fianna Fail) | Oireachtas source
In the Dáil earlier the Minister mentioned, specifically in regard to the liquidators, that he vested the powers of the board temporarily in an employee of KPMG and a KPMG team is now in control of the bank.
That is fine; I may be missing something. The Minister has mentioned that once the legislation is passed, joint special liquidators will be appointed. I am not being pedantic. However, in his contribution in the other House he mentioned an employee of KPMG, but here he is talking about joint liquidators. Perhaps he might clarify the issue.
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