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

Mr. McDonagh, the NTMA refused to place deposits at a certain stage in 2007 with Nationwide and Anglo, or renew the Anglo deposits and only did so under direction from the Minister for Finance. Who made that decision within the NTMA? Not actually, who authorised it eventually, but who said, "I think we shouldn't do this"? Who was it personally instigated it?

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