Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. And Minister Lenihan at the time said, as he was confirming the negotiations were beginning - or the discussions were beginning - with the IMF, he said, "The problems we are facing do not relate to our budgetary position ... It is important to understand that the problems we are addressing are of a structural character in the banking system.", i.e., the reason we are having these discussions is because of our banks. Is that the view ... was that your view and Brian Lenihan's view, personally?

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