Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Thank you. Chairman, that's in the core documents, Vol. 3, for this and it's on page 8, the story of Bank A, and if it's of assistance to Mr. O'Reilly, it will come up on his screen and I thank him for his account. But, so if Bank A was seriously problematic from 2000, "persistently problematic", says Honohan, from the year 2000 onwards and "prosecution ... was given detailed consideration", it says at the end of box 4.2, "but other less intrusive prudential measures were taken. Ultimately, however, these proved to be ineffective." So what else could've been done over those eight years-----

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