Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Professor Patrick Honohan:

I could have ... no, I don't think so. It would have been a courtesy to inform Kevin Cardiff or to inform the secretary of the Taoiseach, or just ... it would have been a courtesy which didn't occur to me in the ... in my anxiety to get the message across. But I wouldn't ... I think it would have been a big mistake to have left myself in a position where I was being told, "I know you're independent but don't do this." I think that would have been almost in itself a surrendering of the independence-----

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