Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

And were you aware at the time that Mr. McDonagh, as the director of finance, was strongly of the view that the bank should be nationalised? He felt that it was insolvent and that he conveyed that to the Department of Finance through Kevin Cardiff? That's what he told us in the last couple of hours. Were you aware of that at the time?

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