Oireachtas Joint and Select Committees
Wednesday, 6 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Yes, but that's fine in terms of that there was a response issue. But this your ... this is your board minutes, Mr. McCarthy, and the board is actually saying that the bank wasn't in a position where it had full understanding of the customer's liquidity, that the bank needed information as to how the customer would generate cash, and this is a customer that belongs to a group that had half a billion euro exposure to your bank.
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