14 Feb 2012, 15:21
Professor Karl Whelan, Professor Brian Lucey and Dr Stephen Kinsella will attend the Committee Finance, Public Expenditure and Reform tomorrow, 15th February to discuss repayment of the Exceptional Liquidity Assistance and the IBRC Promissory Notes.
Committee Chairman, Alex White TD said: “There has been much debate and commentary surrounding the issue of exceptional liquidity assistance provided to the then Anglo Irish Bank and Irish Nationwide Building Society to prevent their collapse and the repayment of this assistance through Promissory Notes that the State is now paying to the Irish Bank Resolution Corporation. Our meeting tomorrow will provide Committee Members with an opportunity to get a full, in-depth explanation of the matters involved from a number of the country’s leading economists. It is important that the details are highlighted and explained in a clear and understandable manner so that the issues surrounding repayment of the exceptional liquidity assistance that was provided to these banks can be debated in a fair, open and transparent way.”
This meeting will take place tomorrow, Wednesday, 15th February, in Committee Room 4, Leinster House 2000 at 2pm.
Committee proceedings can be followed live at:
http://www.oireachtas.ie/ViewDoc.asp?fn=/documents/livewebcast/Web-Live.htm&CatID=83&m=o
This meeting will also be televised live on UPC’s Channel 801 from 2.30pm to 5pm.
For further information please contact:
Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2
P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551
Committee Membership
Deputies
Richard Boyd-Barrett, People Before Profit
Thomas P. Broughan, Labour Party
Michael Creed, Fine Gael
Jim Daly, Fine Gael
Pearse Doherty, Sinn Fein
Stephen Donnelly, Independent
Sean Fleming, Fianna Fail
Joe Higgins, Socialist Party
Heather Humphreys, Fine Gael
Kevin Humphreys, Labour Party
Peter Mathews, Fine Gael
Mary Lou McDonald, Sinn Fein
Michael McGrath, Fianna Fail
Olivia Mitchell, Fine Gael
Seán Ó Fearghaíl, Fianna Fail
Jonathan O’Brien, Sinn Fein
Kieran O’Donnell, Fine Gael
Arthur Spring, Labour Party
Billy Timmins, Fine Gael
Liam Twomey, Fine Gael
Alex White, Labour Party
Senators
Sean D Barrett, Independent
Thomas Byrne, Fianna Fail
Michael D’Arcy, Fine Gael
Aideen Hayden, Labour Party
Tom Sheahan, Fine Gael
Katherine Zappone, Independent