Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán 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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