Oireachtas Joint and Select Committees
Thursday, 30 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
Yes, 13 October is the minute, you were exploring capital from the Government, but did you... there is a quote in the middle of that page that you did not want to approach the Government because it was the week, I think, before the budget. And back on page 16, there is a direct quote that the Bank of Ireland was exploring a capital injection from State at that particular juncture. This is in stark contrast to what you were stating publically in the media at the time. This is, like two and a half weeks after the guarantee. And you were on the record as saying that, publically, that Bank of Ireland was not seeking, at that particular juncture, seeking any-----
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