Oireachtas Joint and Select Committees
Thursday, 2 April 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Mr. Moran mentioned the fact that very little, if any, purchasing was done through the medium of cash and that lending was very much bank led. We know that €3.6 billion was spent here by Irish investors in 2006. However, large multiples of that amount were invested outside of the jurisdiction. Will Mr. Moran outline the type of investments involved in that regard?
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