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

Yes. And can you throw any light then on further on what Mr. Cardiff said in testimony here, Ms Nolan, when he's speaking about pressures from certain quarters that no bondholders would be burned and he said that there was a real damage being done essentially by people operating behind the scenes:

[H]idden 'sources' were using leaks of inaccurate information to bounce Ireland into a bailout [...] then the people concerned were not just undemocratic, but anti-democratic - they ought to be asked to explain their actions, but they would first have to admit them. Who was in Korea, pretending to announce that the Irish Government had decided to seek a bailout? Who, in Korea or elsewhere, [and that's in relation to a G7 meeting, I think, that was happening] was taking these false rumours and putting them into the hands of press and financial commentators?

Can you throw any further light on this?

Comments

No comments

Log in or join to post a public comment.