Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

It could lead to a financial stability issue but you would need far more information to be able to assess that, and it seems to me that, just on the basis of this alone, I wouldn't be able to come to that conclusion. I'm ... it really depends whether there was a connection between the different parts of the institution where ... whether this was brought to the attention of that part of the Central Bank that would deal with these issues. I certainly have no recollection of it.

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