Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
Could I draw attention, Chairman, to B1, Vol. 1, page 62?
There's increase in exposure to a company from €789 million to €991 million where the large ... the group large exposure policy limit was €150 million. So the increase alone at one board meeting was greater than the limit and the eventual ... the new limit was six times what the original one was. Again, did that not illustrate a lending policy which was becoming reckless?
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