Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

I think ... I'll put it to you Mr. Grimes, that any observer would see a situation being set up here by the Central Bank and the Department of Finance for a clear situation where a bank or a financial institution might be declared insolvent. Could you comment then on the emphasis that is given and I'll just give one more quote Chair ... going forward Vol. 1, page 101 and a scoping paper from the Department. And I just quote the Central Bank role in-----

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