Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

And finally, a brief question. Mrs. Burke yesterday would have referred to, and this was touched on by both Deputy Phelan and Deputy McGrath, in the context of executives from banks regularly being in around the building, and they not knowing what they were there for. She also made reference to the fact that, in dealing with her duties in liaising with a bank, occasionally the bank personnel might say, "Look, I'll be talking to so-and-so about that on the seventh floor". Is this true, first of all, that there was this ad hoc, for want of a better expression, gazumping of the authority of people in bank supervision in favour of dealing with somebody on the seventh floor? And, if it was, would you feel that this was a healthy environment to promote within the organisation?

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