Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom O'Connell:

I ... I wouldn't really have probably contributed that much, as a rule, unless I was asked. I mean, that was the expectation, you know. The staff member would come forward or the paper would be presented by the Governor for the discussion there, and it would be, sort of, supplementaries as you'd be asked. I mean, it ... it would be not the norm for me to come in and say "Well, things were ... were in a very bad way, you know, and let me elaborate on that", but it was pretty obvious though from all ... all the indicators that were presented to the board that things were ... were going ... were bad, you know.

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