Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I'm asking, Chairman, because I think that people are entitled to know. We're getting woolly answers and, I suppose, I'd like to ... if you could give us the process, how you assess risk. Do you provide loans where there's no grant of planning in respect of the loans? Would you look for loans that were subject to planning? In this particular case, what we're reading in the media reports, this loan was given without any planning being granted on this site. What's the process?

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