Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

When you were last here, Mr. McDonagh, you may ... you said ... just bear with me ... on page 61 of your own evidence, the last time that you were here, you said at the beginning of September I think we were becoming understandably concerned, maybe, about the Central Bank and the ... sorry:

the Department of Finance, I think, were becoming understandably concerned maybe about the Central Bank and the regulator and the banking system. And the way it was put to us was that would we come to a meeting, I remember it was a Saturday morning in[and you go on].

So can you just tell us, what do you think those concerns were that the Department of Finance had, that they then invited you to be more closely involved, perhaps?

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