Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Thanks, Chair. Mr. McCreevy, during your tenure as Minister, there were obviously the difficulties that arose around Ansbacher and also the DIRT inquiry and in 2001-2002, the problems with Allfirst, the AIB subsidiary. I'm not asking you to elaborate on any of those matters; what I am asking you to do, is to say ... is to tell us why, in your own statement to us today, you said, "It was never contemplated as to the remotest possibility that any Irish bank could fail."

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