Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Donal Forde:

Yes, I see the piece. And the commitment that was made in the directive in '06 was that valuations over a certain, for security, over €5 million or €4 million, was to be valued. I think that would be a reference to ... that would be a reference to valuations for the ... for smaller values. So it's not ... I think it may be wrong to suggest that ... that's indicative of any ... that's indicative that the 2006 directive hadn't been covered.

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