Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Liam O'Reilly:
I would say that if the flow was any way it was from the Central Bank to the private sector, because the skills that they were learning within the Central Bank were skills that were needed outside. So I would say, to be quite honest, that the flow was in one direction. I tried to, at times, moot the idea ... and we did it, at times, get seconded people from the ... from the ... from the private sector, from the banking sector. There were issues of secrecy, etc., but we seemed to get over them. And if we needed extra staff at the end of the day - and we did - we did employ firms of accountants to do special tasks for us, like in the case of the AIB investigation and in the case of other investigations that we carried out.
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