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

And on the matter of the advice that you were receiving from the Department of Finance, the Central Bank and Financial Regulator - and I probably particularly put this to when you came in the office of the Minister for Finance - some evidence and testimony that would have been brought before us, and even the Wright report and Nyberg, would indicate that, as early as 2004, the indicators were there that there was serious problems coming down the line. When you came into the Department of Finance, were you getting advice to ... in that regard?

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