Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Mary Burke:

I, well, I don't know, to be quite honest, Deputy. I mean you inherited ... when I went in there I inherited a certain number of staff. When I was asked to transfer to that department, it was described to me as being "in good shape"; I think was the phrase that was used, and we had recruited two senior staff who were experts in CRD and modelling. Unfortunately, we lost both of those staff to the private sector within 12 months, which added to the problem.

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