Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Corrigan:

No, because if the investment decision had been left to the National Pensions Reserve Fund Commission, it would never have happened because they ... they couldn't see such an investment decision being justified on commercial grounds. That's why there was a need to change the law and have a public policy direction.

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