Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Gerry Fitzpatrick:

As I said my audit was up to 2008 my understanding was that acronym GRG was a construct from that point on. There was a special lending services unit if I recall before that. So I think it might have been a precursor of that so they were the organisation or at least part of the organisation that looked at particularly stressed cases but no ... but the construct of the global restructuring group is not something that was I recall in place in 2008.

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