Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Well, as I say, I was out of the country when this occurred, but I was aware, obviously, that this had happened in the share price. I took a call from the chairman at the time, I referred him down to the regulatory authorities. I told the Governor to make sure that a meeting took place so they could get to the bottom of it and see what was going on. I was aware of all that and I was aware that Anglo Irish Bank had taken a hit through the share price fall, yes.

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