Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
I appreciate that. The question was on the statement that nobody in the room on the night of the bank guarantee knew how bad the banks were. Professor Honohan said the note we are discussing, note No. 6 released by the Committee of Public Accounts, was "the only evidence that I found written or oral". On four occasions, Professor Honohan directly attributed a quote to Mr. David Doyle, who said it was wrong. On the second occasion, Professor Honohan said Mr. Doyle had no concept of it; on the third occasion he said he had no concept that it was a loss; and on the fourth occasion he said he did not think it was insolvent. On the first occasion, Professor Honohan did not have the conversation with him. Is that correct?
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