Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Finally, I ask Dr. Donovan whether he sees a parallel between two instances. He said that dialogue between the IMF and the Irish authorities did not take place in 2008, and there seemed to be a similar breakdown in communication, according to the Honohan report, when the Central Bank disappeared from the picture in early September and did not really come back in until the letter from the Governor on 18 October. Does that indicate complete disarray in public administration over that period - a lack of communication and a lack of dialogue?

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