Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Dr. Michael Somers:

I would have regarded that as typical. I endured the same thing myself time and time again. So I mean I ... there was a meeting in December where we were called in. It was a Sunday and we were called in, asked for a meeting at 11 o'clock and we were put into a room and at half two, the Taoiseach opened the door and stuck his head in and said, ''Oh, you're here. We're off to get lunch'.' So they went off somewhere. We went across the road to the Merrion Hotel and we got a bowl of soup and we came back and we were asked in then at half five to ... we were shown a statement that they were going to release. And that was it, that was the way the thing worked. We were not part of the inner circle. People seem to think we knew everything that moved. We didn't. And we didn't even know what we didn't know.

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