Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Was clear. Okay. Can I just clear up one issue with you? Were you present when the banks, Bank of Ireland and AIB, were informed of the Government decision to go down the guarantee route because we've had conflicting evidence from Bank of Ireland and AIB? Bank of Ireland's evidence was that they certainly knew on the night and left Government Buildings on the clear understanding, having been informed that there would be a guarantee whereas Eugene Sheehy of AIB said he woke up to the news the following morning.
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