Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

No, no, to the best of my recollection, Senator, the investigation was going to take place anyway because there was certainly information coming into the Financial Regulator, in through the markets department, that there was rumours and ... emanating from different sources, and as the, as the regulator of good practice, you know, we decided that the markets department should look into this and establish what the position was. Now, absolutely, there was some contact by Anglo with us, in relation to this as well, but I don't believe that there was any ... I have no reason to believe that our action was in relation to-----

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