Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Contact. The question of ... you're saying that you had no knowledge on the night of the guarantee. You were in in July '08. You were fully aware there was a problem with liquidity. You were representing the collective interests of the banks. Did you have any meetings or consultations with your members prior to the guarantee about the difficulties they were having? And did that lead, in any way, for you to have discussions with Department of Finance officials, regulator officials, Ministers, regarding the requirements of the banks and difficulties they were undergoing?

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