Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
On several occasions you have referred to the idea of financial statements faithfully representing the past at a particular time, you've talked about never getting involved in the running of the bank. Can you then clarify for me the role that you did have prior ... I'm sorry, post-September 2008, when it was all, as you said yourselves, in a completely unprecedented situation, you were now talking to the Financial Regulator much more, the Central Bank, and all kinds of ... you were now, I would say if it's fair to say, you were now involved much more. So how did that square, that involvement directly with having meetings with people who were not the bank, outside your audit, I don't understand that?
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