Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Charlie McCreevy:

Well, for the obvious reason that you conduct a review of any scheme that you have for a particular period of time. It would be the sensible and logical thing to do. Like, if I was ... if I had been there, I probably would have done the same. So there was ... what the Department and the Minister would want would be some empirical evidence how ... what the effect of all these schemes were, what the effect now is and what we should do and the way you have a book of evidence. That's why you would consult ... why you generally commission a consultancy review. We did many of them in our time in a whole variety of areas. The Department also conducts its own review in these areas as well, or did.

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