Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

You weren't, okay. I'm just curious, as head of banking supervision, that you weren't involved in the domestic standing group as an active member, or regular member. You weren't in the room for the crisis simulation exercise, you didn't have a direct role in the scoping paper prepare, looking at the nationalisation or liquidisation ... or liquidation, excuse me, or guaranteeing of a banks, and you weren't aware that the Governor was approaching the banks directly to ask them to lend to each other. Can I ask why that is?

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