Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I'll come to that in a while. Can you comment on the Central Bank's analysis carried out to identify the amounts of €3.5 billion in capital for AIB and Bank of Ireland that was announced in 2009, February 2009, was provided at that time? And why did the Government proceed with this amount for AIB given that it ultimately required a capital injection on €19.8 billion?

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