Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Moran:

I wasn't on the phone call and I'm not going to ascribe words to people that weren't there. I can certainly tell you, and you can draw your own conclusions from that, that we had a Minister and a Government who were very anxious to take a decision to burden share with the bonds ... or with those bonds. And the only person stopping them, essentially, as far as I could see at that stage, was the person at the other end of that phone call. And I don't think that our Minister, had he been given the go ahead to do it, would've changed his mind about the burden-sharing at that point.

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