Oireachtas Joint and Select Committees

Tuesday, 10 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

I will address two aspects to continue on from the Chairman. In Mr. Carswell's book, he stated that Bank of Ireland lost €10 billion in deposits in two months in late 2010 and AIB lost €12 billion in deposits in two months and that, in the calendar year, AIB lost a further €13 billion in deposits. Was the ECB right to look for its money back?

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