Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

Absolutely. I mean, we made a decision to conduct the investigation because, as I just said, we were, we were aware of ... we were made aware of rumours. I, I mean, the markets department, that's what they do, they find out this kind of information, and I, I also accept that there was contact from Anglo in relation to it but that was not the driving force. We weren't, we didn't conduct the investigation because Anglo rang up and said, "You better investigate this". That was a coincidental factor in the investigation and it did happen, they did make representations.

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