Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Thank you, Chairman, and thank you Mr. McCarthy. Just three brief questions. We had in evidence from Ann Nolan that before nationalisation of Anglo could take place that the bond agreements would have to be analysed and looked at and ... to see what was there. But at the same time the Government was preparing legislation for nationalisation of a bank, more than likely Anglo. So were you preparing for nationalisation of Anglo in the run up to that night of the guarantee, including that night, without having done the due diligence work on the bond agreements in the bank?
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