Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Charlie McCreevy:

Well, no sorry, I may be ... sorry ... wrong. When I told the officials I was going to do this, it was my intention to bring it from 40% to 20%. Perhaps some of them interpreted that maybe ... I think the day I said it, they thought I was going to bring it in gradually over a period and maybe it was later that day or the following week when they realised it was going to be all in one go.

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