Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

-----but let's move forward a little bit, Mr. McCreevy, because property developers, many of whom were among the biggest loans that were transferred to NAMA at an enormous cost to society ... and I am asking this under the relationship between Government, Oireachtas, banking and property sectors, many of those biggest property developers that went to NAMA funded your party, Fianna Fáil, including some who gave serious donations to two politicians found by tribunals to be corrupt. Every year Fianna Fáil had a marquee at the Galway Races which became notorious in media circles, etc., for the property interests, speculators, etc., who assembled there to fund Fianna Fáil. Did this close relationship between property developers, speculators and Fianna Fáil affect the policy of your Government in relation to not taking measures to curb-----

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