Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

l will be brief, Chair. Mr. McDonagh, you correctly stated the Government statement on Tuesday, 30 September 2008, made no reference to any consultation or advice with the NTMA in terms of the decision in the early hours of that morning to guarantee the banks. You mentioned that Mr. Corrigan and Dr. Somers were travelling on that evening so they weren't available to attend Government Buildings, is that correct, on the night of the 29th?

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