Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

3:00 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

In a case where we had a banking crisis - I want to focus on construction, because Mr. Wright mentions that advice was given to Government during that period in terms of overheating the construction sector - Mr. Wright's view is that while it was right and appropriate for that advice to be given, it should have been given in a stronger way. However, the public should not have access to that advice despite the fact that Government or a Government in the future could override that advice, and therefore the consequences could be dire.

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