Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay. I want to refer to your evidence from earlier where you spoke about the groundwork being laid by Mr. Lenihan in early October 2010 for the bailout. On the political side or, indeed, on the official side, who was involved in that groundwork? Was it just himself or ... You said that the early groundwork for a bailout was taking place in October 2010. Do you believe that anybody else within the Government would have been aware of such groundwork?

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