Oireachtas Joint and Select Committees
Thursday, 7 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
This committee has tried both with Mr. McCarthy and with yourself to try to get to the bottom of what were the challenges being raised, the queries being raised and both of you have opted to explain to us that the Financial Regulator was very formal and that it was very on the ground and he wrote everything down. Quite frankly, it's odd that your answers are both so similar to what has to be serious issues that were raised by the Financial Regulator which actually you haven't properly addressed. You've both talked about letters and you've both talked about files, but I still am at a loss to know was the Financial Regulator right at all with anything that he said ... I mean his office .. and how seriously did you take it because you've not explained at all to us that you took it seriously?
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