Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

And in relation to the point where, I think it was the fourth interaction, which was the bilaterals, you say that:

there were also issues in the Government's draft which we were uneasy about relating to the attestations by the Financial Regulator that the system was solvent and that all banks were solvent. We felt that there was clearly a risk in this statement. Subsequently the Government deleted this reference.

So did you see a piece of paper that included a reference, in the Government's guarantee, saying that the banks were solvent?

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