Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I wish to ask about two matters arising from Dr. Donovan's statement. This will probably arise in questions later and I would like to get some clarity around it. In the first paragraph on page 4 of Dr. Donovan's opening statement, he states: "However, in quite candid exchanges in 2004 and 2006, Irish officials referred to "political, likely insurmountable difficulties" associated with taking actions on these fronts." Is he referencing that from direct experience he has had that he could provide as evidence to this committee?

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