Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
It should be coming up on screen. And it's giving an overview, really, of the cost of recapitalising the banks and if you look at Anglo Irish Bank, for example, the total of €29.3 billion, this was as of January 2011, and it goes through the chronology there - €4 billion in June 2009, €8.3 billion in the prom note in March 2010, increasing then to €10.3 billion two months later in May 2010, then in June, a further €8.6 billion in the promissory note, then in August another €6.4 billion. So is it the case-----
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