Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Can I ask you in relation to the night of the guarantee and the quote that was put by the Chairman and Deputy O'Donnell in relation to the memo? You have more or less ... well you have said that you can't recollect using the phrase. Would it be in your view, or not, a fair statement to say that an official of the Department of Finance who obviously took that memo could have interpreted your comments on the night to mean that there were bankruptcy issues facing AIB in the immediate term on that particular night?

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