Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Dr. Michael Somers:

Well, I mean, I was very clear on my position. I had borrowed money to run the country to pay the bills at the end of the week and I was not putting any of that money at risk, you know, for no other reason than to protect my own head. I had raised money. As I say, I signed endless documents certifying why I was raising it. It was raised to fund the Exchequer, etc. Sorry.

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