Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Donal Forde:

I think the policy dictated - from memory - I think it is anything in excess of €75 million. I may be wrong in that but of that order had to be referred to the group, essentially. Given that it was at odds with our policy, it had to go to the board for approval and sign off.

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