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

I thank the Chair and welcome Mr. Mulhall and Mr. Mulligan and thank them for their time. Mr. Mulhall referred earlier to the "Liveline" programme of Thursday, 18 September 2008 during which there was discussion of the security of people's deposits in the banks and people deciding to take their money out. Rumours were running wild at that stage and it was reported at the time that the late Minister, Brian Lenihan, actually phoned the director general, Cathal Goan. Mr. Mulhall said the Minister phoned him also. Could he clarify that, first of all?

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