Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Professor Patrick Honohan:

No, I won't give names because we're getting very close to things that I'm supposed not to be talking about, so names are ... they're all ... they all were at one in saying, "You should be going into a programme.", and I said, "You know, I think we should we be going into a programme too." I phoned Brian Lenihan, so I came out of the meeting and it was late in the evening, nine or ten Frankfurt time, so eight or nine in this time, and I told him, "Look, they want you to announce a programme, and you know, I think you should." And he said, "I can't do that. I'd need a Government decision."

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