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 think there was talk on the show of people taking money out of the banks and putting it under the mattress or burying it in the garden. It was reported subsequently that within 24 hours, about €50 million had been transferred into An Post guaranteed State savings products. It was also reported that the production team of "Liveline" were rebuked by senior management at RTE because they planned to continue with the topic of the safety of bank deposits the following day on Friday, 19 September 2008, and they were prevented from doing so. Is that the case?

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