Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

In Vol. 3, page 13, there is a letter written to you by Mr. Michael Noonan, the Minister for Finance, and it refers to ... it's a letter about the IBRC and the prom note. What I just wonder is, it says:

As you aware a proposal, to address these issues, has been prepared and presented to the Economic Management Council [EMC]. The Council has given approval for the submission of the proposal to the ECB for assessment and for consideration [...] I request, therefore, [that you do that].

And I'm just wondering whether that's the line of authority now. Is it to the economic management council? Is it to the Minister for Finance? Is it to the Cabinet?

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