Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Moran:

I can't entirely because obviously ... and it may not be obvious to the committee but during the period running up to the actual bailout, I was in the Central Bank as head of wholesale banks, so I didn't actually have any involvement in the conversations in terms of the original first programme. And, indeed, for the following year, even after I moved to the Department, the focus, as head of banking, would have been on only those parts of the troika programme that would have related to banking measures. It was after I became Secretary General that I would have led at least the Civil Service negotiating team for the broader, macro side. So, the actual debate, I think maybe Kevin went into it this morning, Derek may or may not have been involved, I think he was, so he may be able to shed a greater light on that.

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