Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The Nyberg report on page 6 referred to the auditors as the silent observers. On page 51 of the Nyberg report, he asked a direct question, "why did the banks require State support in 2008 so soon after all of them had received unqualified audit reports from various auditing firms?" Can I ask you, could you answer that question and do you believe that the categorisation or the portrayal of auditors as the silent observers in the Nyberg report is a fair one or an unfair comment?

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