Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Pat Farrell:

Well, as I said, Deputy, and I said it before, it was a hypothetical situation in any event, No. 1, and, No. 2, the authorities would have been fully aware of the extent of what might be involved if they were to do so. I think the reality of it is that it ...there was no question it was going to happen, but, in fact - and, again, to my mandate - they were asking me to pass on a concern, a representation they had, and I did so. I think, you know, representatives, that's what they do.

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