Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

But given that the Department of Finance is the purse keeper of the State and its citizens, and whilst there may be other agencies, the ESRI, IMF, they all have their own role to play, but given that that Department, the Department of Finance, is holding the purse strings and the purses on behalf of the citizens of this country, and given that this theory was going to be the theory on which Government strategy was going to be based upon, because a soft landing theory was rolled out and rolled out, would it not have merited a study that would have been evidentially based by your Department?

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