Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

But they ... in fairness, they were very serious issues. You know, non-performing debt, "clearly defined processes or controls for the handling of non-performing debt is not currently in place", "mortgages are processed to completion without sufficient consideration being given to whether all terms and conditions and documentation requirements have been satisfied". You were, after all, a bank. It ... these things are quite ... they seem to me to be quite serious breaches of your own, normal kind of business. Or maybe I'm wrong.

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