Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay. I want to directly quote Mr. McDonagh, where he said in his evidence earlier to the inquiry that, "the Department of Finance, I think, were becoming understandably concerned maybe about the Central Bank and the regulator and the banking system." What's your understanding of what he meant?

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