Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

I might come back to that a little later on. I'm running out of time, Mr. Cardiff. I just want to follow up a couple of things that weren't clear from the documents you presented to us. The Sunday Cabinet meeting the day before the guarantee was made: was any decision taken at that Cabinet meeting, because you provided in documentation a quote from John Gormley, who was in Cabinet at that time, "The arrangement had been made the previous Sunday [right] and we had gone into that in quite a bit of detail and said, "Yes, this is the expert advice to go down the guarantee route?" So was the decision made the day before, on the 28th, on the Sunday?

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