Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
What we are asking here ... Chairman, I am talking to yourself; I am not asking anybody. Okay. What we are asking here is that at a time that Mr. Grimes had a dual role with both the regulator and the Central Bank, he made reference earlier on to actions being taken, when asked directly by Deputy McGrath what actions were taken, he answered, "Well, it was a regulatory issue." So I have asked what regulatory actions were taken in that regard, and he's saying, "Well, I don't know whether you want to get into it." Now I'd like to get into it. So what's the legal basis that we can't?
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