Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Thank you Chair. Mr. Forde, I have a few questions also. I want to refer to the evidence given earlier by Mr. Gleeson. In his testimony he was asked about AIB being caught in the wake of Anglo, and to quote him directly, he said "we tried not to be brought in the wake but in many ways we were." I just want to know, in terms of your role, as managing director of AIB from 2002 to 2009, in the Republic of Ireland, was there any direction from the board, from the chair, as to how not to be brought in the wake of Anglo Irish Bank, can you recollect?

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