Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Okay. And so ... I'm still trying to come to the explanation as to why ... we know later on in the afternoon ... in that evening, the NTMA were used for one explicit very enclosed reasoning ... or reason, which was to examine the extension of the guarantee for ... the subsidiary of ... branches of Irish banks abroad and all the rest of it.

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