Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The acquisition of myhome.iehas been well covered. However, Ms Donovan stated in her opening statement, "During the reference period the company sought to balance increasing exposure to the property sector through a range of diverse activities." However, the largest investment the company made in its history was directly linked to the health of the property sector. How does Ms Donovan reconcile that?

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