Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

Yes. Was there an understanding within the Department of Finance ... you said last week, Mr. Cardiff, that you didn't know ... I put it to you that you were the last man standing on the nationalisation of Anglo but that you didn't know that you were right. Was there an understanding that these decisions were going to cost the State tens of billions or billions?

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